Fortune China features Andrew Frank, KARV Founder & President

KARV Founder & President, Andrew Frank, spoke with Fortune China about his suggestions to Chinese companies looking to do business in the United States during the upcoming Trump Administration – and offered the following insights and guidance:

1.        Companies that want to develop in the United States should establish a mindset of "investing in the United States", similar to the mindset of foreign companies that came to China in the past and had to "be in China, for China".

2.        “Regardless of who is president, the states also have significant power and influence. The president can certainly create barriers to market access, but the states can also find ways to provide new access opportunities.” - Chinese companies understand the value of establishing a relationship with the federal government, but may underestimate the importance of state governments; Andrew believes that for Chinese companies wanting to enter the US market, it is also important to have in-depth exchanges with state government officials, as in the US, promoting economic development is the responsibility of each state government.

3.        With excellent legal counsel, companies can ensure they follow all relevant federal and state laws, and avoid expensive regulatory and litigation issues.

Read more on Fortune China, here: https://www.fortunechina.com/shangye/c/2025-01/13/content_461643.htm