James Shen
James Shen
James C.H. Shenwas a Taiwanese diplomat. Shen served as the last official Republic of China ambassador to the United States before the U.S. switched its diplomatic recognition to the People's Republic of China in 1979...
additional call cost minute time
AT&T at that time was charging about $3 for the first minute to call China, and each additional minute would cost you up to a dollar,
accepted background believed challenge china chinese industry knew market overseas system understood wide
I accepted the challenge that the Chinese market was not going to be wide open, and I knew the telecom industry was a monopoly, but I believed that I understood the system and background of China better than other overseas investors,
average china cost household income phone worth
If someone wanted to phone internationally to the U.S. from China, it would probably cost that person one day's worth of an average household income in China to make that one call,
advantage allow compete gray industry law local opportunity seemed simply though unable understood
The opportunity in the industry seemed enormous, but even though I understood the local law and regulations, I was unable to take advantage of the gray area, ... The law simply doesn't allow us to compete with the government.