Has a 'gold rush' mindset blinded Australian businesses pursuing 'mercurial' China market?

It was in the mid-2000s during a regular meeting with a client that Bob Cronin realised he'd grossly underestimated the challenges of doing business in China.

They were heady days in the bilateral relationship between Canberra and Beijing when the sky seemed the limit for enterprising Australians in the Middle Kingdom.

Yet the veteran newspaperman got a harsh reality check not long into his stint editing the Shanghai Daily, the English language Chinese journal then part-owned by Australian billionaire media proprietor Kerry Stokes.

Source: ABC #May23

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