I’ve been writing some exclusives for The Diplomat website, based out of Tokyo. I’m one of the guys on the ground here in China, chiming in with the odd observation, analysis and what-not. This week I comment in my entry China’s Casino Economy on the rapidity with which Chinese business investments come and go here in China.

“Businesses in China are structured to be obsoleted when they don’t provide the kind of pay off owners expect as quickly as they’d like. Businesses across the services and manufacturing sectors come and go in China with head-spinning rapidity. Restaurants, bars, clothing stores, entire malls and factories come and go with a speed difficult to match in Western countries.”

A couple of the comments I’ve received indicate that I’m making much ado about nothing about business closures here in China. Having opened and lost a couple businesses myself in the States, I can most assuredly say the approach Chinese take to starting up and terminating businesses is much more akin to speed-dating in the States than to the sort of sober financial planning/business planning/support group/networking group hang-in-there approach Americans attempt to apply.

And for those who don’t believe me, I encourage you to start up a business here with a Chinese partner.  Boy, are you in for an adventure. Let the Games begin!