The 36 strategies or stratagems regarding cunning and tactics have been collected and refined in China over the centuries. Originally developed to outsmart the enemy in battle, they are now primarily used to seize opportunities to one's advantage in business. The titular Chinese stratagem No. 12 expresses the constant psychological readiness to recognize favorable opportunities and the mistakes of others, and to leverage them profitably for oneself. This comprehensive manual primarily addresses practical questions: How do you find the right location? How do business relationships work? How can you most effectively protect yourself against corruption and data theft? A practical guide filled with tips for successful business initiation in China, which also provides insights into Chinese culture and society.