"The situation is often exactly the same," said Zhang Yong, general manager at Shanghai-based Huasheng, which has been operating in the sector since 1999.
The competition here can be particularly brutal,” explains Liu Xiaobu from Xinjiang-based company Hongtong, who are mostly worried about the effects of that kind of rivalry on business operations.
"The pressure's got a dramatic effect on companies," said Zhang Yong; “we have got used to them being so mean about us.”
The main problem with this rivalry seems to be **the lack of transparency**. It appears as though company operations are sometimes shrouded in mystery, making it hard to know what’s going on behind closed doors when foreign firms try their hand at capturing a bigger share of business.
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The lack of transparency seems like it is just not there for foreign companies, and they are being squeezed out by Chinese rivals. “We can’t see any light at the end of their tunnel,” comments Zhang Yong from Huasheng in Shanghai.
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The other hand, *The Pressure’s On.* When we talk about pressure on big and small companies alike, it is something that can be very jarring to some businesses. “Capital may also be a factor,” points out Liu from Xinjiang-based Hongtong; “For the energy company, it is mostly just an issue in regards to financial investment.”
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The transparency issue appears to be getting worse with each new business day. **Economic Landscape:**5th “It’s not easy” to get through to a place like China where you will see businesses which are completely different from what they once were, but also there may be some who end up being very much the same - “and this is down to transparency in regards to financial investment,” according to Zhang Yong; “they’re all looking for any kind of edge” when talking about getting through that tunnel.
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The competition is very fierce. The rival company’s products are almost the same as ours, so we must try to make a difference by means of our services after sales.
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The situation is often exactly the same,” said Zhang Yong; “we have got used to them being so mean about us
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