The West's costly China misconceptions (1): When in China, do as the Chinese do

The West's costly China misconceptions (1): When in China, do as the Chinese do

America’s China misconceptions are costing its advantage in the US China competition. China is taking over due to our own ignorance and misjudgment. Since China joined the WTO, American private and public sectors set their China strategies and policies based on these misconceptions. The West must understand that the prevailing, dominant way of doing business in China is the CCP's way, which is against the traditional Chinese culture. The Chinese tactics taking advantage of our misconception are working in their favor, gradually corrupting American society. Lei explores two case studies: JP Morgan Chase and George H.W. Bush. 0:00 Misunderstanding China & Chinese culture 4:00 JP Morgan Chase example 5:41 George H.W. Bush example References: http://www.standoffattiananmen.com/20... https://www.forbes.com/sites/antoineg... ****************** We discuss world economy, history, and politics. Our main focus is U.S.-China relations. We make short videos and tell you the hidden stories. ****************** 🔔 Subscribe for updates:    / leisrealtalk​​​   ****************** 🔵 Make sure to share this video with your friends! Follow us on our Website: https://leisrealtalk.com/​​​​​​ Follow us on Twitter:   / leisrealtalk​​​​​​​​   Follow us on Facebook:   / leisrealtalk​​​   ****************** MORE VIDEOS: Why Taiwan Semiconductor drives US Korea Japan China relations    • Why Taiwan Semiconductor drives US Korea J...   What Chinese companies went public in the US stock market amid US China competition?    • What Chinese companies went public in the ...   Be amazed: the causes for the declining Chinese population and birth rates are hilarious but sad.    • Be amazed: the causes for the declining Ch...   How brands battle Chinese copycats, knockoffs, and trademark squatters:    • How brands battle Chinese copycats, knocko...   Xi Jinping's 4 fears    • Decoupling, nationalism, what else does th...   Neocolonialism & Belt Road agenda disclosed by the Chinese professor:    • Neocolonialism & Belt Road agenda disclose...   Chinese knockoffs explained: Why Chinese are copycats?    • Chinese knockoffs explained: Why Chinese a...   H&M in trouble? In-depth look at the Chinese boycott of Nike, Adidas over xinjiang cotton.    • H&M in trouble? In-depth look at the Chine...   Elon Musk’s rise and fall. Is Tesla in trouble in China? His Chinese made Tesla cars may cost him.    • Elon Musk’s rise and fall. Is Tesla in tro...   Doing business in China: Jack Ma’s trouble & Elon Musk’s bad news.    • Doing business in China: Jack Ma’s trouble...   China losing young people? Chinese growing old? The loss of Chinese labor force will cost China.    • China losing young people? Chinese growing...   The China 5 year chip plan? The reality of Chinese chip industry and the China chip problem.    • China's 5 year chip plan, the reality of C...   US - China | The Secretive China Semiconductor Industry Strategies    • US - China | The Secretive China Semicondu...   ****************** OUR PLAYLISTS: Unseen Fortune Documentaries:    • Unseen Fortune documentaries   Dealing with mainland China:    • Playlist   China Uncovered:    • Playlist   Current Affairs - U.S., China, and Beyond:    • Playlist   Tech & Media:    • Playlist   ****************** #USChina #SinoUS #WheninChinadoastheChinese #Chinamisconception #misunderstandingChina #doingbusinessinChina #Chinapolicies #Chinastrategies #ChinaWTO #Chinesemisconception #Chineseculture #Chinatakeover #Chinesetakeover #Chinesetactics #ChinacorruptsAmerica #doingbusinessinChina #JPMorganChase #GeorgeBush