By contrast, if China’s private firms sell to Western multinationals, such as Wal-Mart, Target, or Home Depot, they do not have to worry about getting paid. They can avoid all of the headaches that they would have encountered at home, because well-established economic institutions and business practices in their export markets protect their interests and greatly reduce transaction costs.
与此形成对比的是，如果中国民营企业把东西卖给沃尔玛、塔吉特（Target）、家得宝（Home Depot）这样的西方跨国公司根本不用担心收不回货款。他们可以避免在国内做生意时会遇到的所有问题，因为出口市场所具备的成熟经济制度和商业行为保护了他们的利益，显著地降低了交易成本。