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by lionhearted
5810 days ago
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> But I've heard too many horror stories from entrepreneurs getting burned in China to want to put all my chips in that stack. I had a girlfriend who was working at a Chinese media company five years ago, and her company said something unpleasant (true) things about an important company in the local province. The mayor called up the newspaper, and was pressuring them... it turned out alright in the end, but it was a minor headache. If you're doing business somewhere where political influence plays in court, you should just factor that into the cost of doing business and take the mayor out to eat once in a while and do something nice for a local charity or university. The small time/money to be invested in that is still probably less than the costs of compliance in more regulated places (who also have corrupt laws, but the corruption is further upstream - see AirBNB... hotels don't pay off the judge, they pay off the governor). |
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The law you're thinking of allows having guests as long as you actually live in your residence. My impression was that it doesn't actually affect AirBNB because of this.