Meanwhile, I’m headed to Singapore–with a layover in Korea–and wondering what this all means for Singapore which condemned the missile test, especially because the Chinese and Singaporeans do A LOT of business together.
One way to keep your business thriving when making deals in countries where international relations could go awry is to do the math.
First things first, before doing business abroad, set your budget. Decide what the financials should be and what kind of loss your business can handle in a worst-case scenario.
To read seven more ways to negotiate business through political conflict, click here.
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