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What is meant by the expression “The mightiest dragons cannot crush local snake” as it relates to China

  • Type of paper: Essay (Any Type)
  • Subject: Art
  • Pages: 2

The phrase is used to refer to authorities governing China. China has a centralized government that practices bureaucratic mode of governance. Moreover, the government uses fledging legal systems that make foreign investors experience a severe legal and political system. The government makes working environment treacherous for the foreign investors who are in search of a market. However, the investors can penetrate their roots in the sensitive system with the help of the local authorities. Although, there are national laws and regulations from the central government, their implementation at the city and village level becomes a problem. There arises a conflict between the central government and local authorities, creating a loophole that is utilized by the foreign investors to access the market. The inability of the central government to control the functioning of local authorities is the one being referred to as the mightiest dragons cannot crush the local snake. Although China represents the biggest growth opportunity due to its rapid industrialization, foreign investors suffer political and legal risks that hinder their operations. It was until 1978 that China established a legal form of government. The new kind of government has streamlined and brought industrial revolution. However, the bureaucracy and fledging legal systems adopted by the government has frustrated foreign investors. Unlike other forms of government that believe in the rule of law, China practices the philosophy of the rule of man that predisposes the investors to theft of intellectual property, patents, and trademarks copyrights. In China, no rule of law is practiced creating a treacherous working environment for the investors. Moreover, investors suffer from political interference within the market. The government has been shown to practice state capitalism where it controls and manipulates the market forces to achieve political superiority. The increased population in China makes it a possible destination for investors due to market availability and availability of labor. However, legal and political technicalities have eliminated them due to a harsh business environment.

What is meant by the expression “The mightiest dragons cannot crush local snake” as it relates to China

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