Thanks @$tockfella . In case one or two here underestimate the...

Thanks @$tockfella
.
In case one or two here underestimate the power of china JV,
22/05/17
G Medical Signs China Joint Venture Agreement

These articles will explain why Mr Yacov is so confident of China CFDA & factory, with his Sino-Israel connections doing business in an ethical & legal manner.

Keep in mind , CFDA submissions/approvals in china are processed at provincial level ( here Guonzhou level) ; unlike USA where head office process/approve every submission.
(That is my understanding)

USA, no problem for Dr Yacov - 46 out of 46 FDA success records.


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Doing business the Chinese way - BBC News

www.bbc.com/news/business-29524701

Oct 8, 2014 - Roughly translated as "relationships" or "connections", it is a crucial part of life in China. Having good "guanxi" - a wide network of mutually beneficial relationships developed outside the formal work setting, for instance at evening meals or over drinks - is often the secret to securing a business deal.

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Understanding Business In China: The Importance Of "Guan-Xi ...

www.asianentrepreneur.org/understanding-business-in-china-the-importance-of-guan-...


Aug 8, 2014 - Guanxi means establishing local relationships in order to build a business network and to get “plugged in” to local information channels. Seen in this light, guanxi is something foreigners must pursue for any chance of success in China. Spend time with local partners regularly — beyond just exchanging business cards.

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Aimo
Cheers
G

Gmed potential $ in a nutshell : posts # 32075812 & 32086510

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