August 3, 2016
CNN Money talked with Drew Bernstein, co-managing partner of Marcum Bernstein Pinchuk, about the complexities for foreign companies doing business in China.
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“What you’re seeing now is how companies are achieving ‘Sino-fication’ through different means,” Bernstein said, describing how multinationals must adapt to China.
Essentially, many foreign firms are finding they have to become more Chinese in order to survive.