The Gorilla in "A heavily populated East Asian Country's" Room

I remember reading about an australian internet upgrade scheme (costing mega billions), and companies were pitching for it. A company from this heavily populated east asian country (HPEAC) was banned from tendering for it, because they weren't to be trusted, since they had links with the military.

Recently saw today about a nuclear power project in the UK, involving a few companies, one of which from HPEAC, that fell through, probably wasnt the reason but it does lead to:

Would any company in their right mind have any of these high value services provided by a company from HPEA?. Are they destined to provide low value bulk goods until there is a change in this trust (which would only reasonably come from a regime change).

 
Best Response

On the surface, the concept of companies coming in from that country seems great because the companies know how to put on a good show and tell people what they want to hear. When it comes down to it though, said companies can't deliver on their promises. It's much easier to cover up incompetence in a land where business and government dealings are as transparent as a brick wall, and the media and internet are filtered.

I think both sides are figuring out at the same time that its hard to pull off the same jig without the various protections afforded by the government at home. In addition these compares most definitely are on the prowl for know-how, technology, resources, etc. not just to be kept to enhance their own profits, but to be shared for the benefit of all of the organs of the motherland.

I think the trust factor will far and away be the biggest issue when it comes to dealing with such companies, because frankly you can't trust them. I have a fear though that other countries and companies outside the HPEAC will close their eyes and ears to this fact in exchange for a half-empty promise for a "fair" opportunity in the HPEAC's market. It's already happening.

I think change will not only require a new regime, but also the passing of a generation or two to purge the old ways.

 
trazer985:
because it attracts the 50 cent party people that downvote your posts and then hack your email (see my earlier threads).
This is completely insane and paranoid. You can say the word China for christ's sake.
 
prospie:
trazer985:
because it attracts the 50 cent party people that downvote your posts and then hack your email (see my earlier threads).
This is completely insane and paranoid. You can say the word China for christ's sake.

i'll find something else to post about with China in the thread in a week or so ,and you'll see the difference.

 
prospie:
trazer985:
because it attracts the 50 cent party people that downvote your posts and then hack your email (see my earlier threads).
This is completely insane and paranoid. You can say the word China for christ's sake.

It's neither insane, nor paranoid. This site is indeed inhabited by a number of $0.50ers. I post about the country fairly regularly, and there's always at least one bonehead with some borderline unintelligible ultra-nationalistic comment that isn't designed to lead to healthy debate, but rather devolve the conversation into an irrelevant pissing match.

 

Nihil autem ipsa sunt non sequi qui. Vitae aut aut unde qui nostrum corrupti rerum. Perspiciatis ipsum eum et officia ducimus ipsum nihil. Rerum iure tenetur ducimus recusandae adipisci qui quo.

Aliquid et odit vel quia. Vero quis adipisci quis eius eum eos. Ut aut aut eum aut.

Eos sit et dolores sit dolor temporibus necessitatibus. Eius qui et sint nihil nulla voluptas.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”