A look at the way Chinese culture influences its business practices.
Written in 2003; 1,930 words; 6 sources; MLA; $ 61.95
Paper Summary:
This paper looks at two specific social customs in China: interpersonal relationships (guanxi) and respect (mianzi). It discusses how the social norms help a person proceed in the business world and looks at how important it is for a foreign business to understand Chinese culture before venturing into the Chinese market.
From the Paper:
"China has a compelling economic story. Over the past two decades, China has shown a seven-fold increase in GDP, has become the world's second largest economy and is now a leading trading entity. In 2001, China's exports grew by more than 6% while globally exports fell 4%. China increasingly serves as a production hub and select foreign products have made broad inroads into their consumer market."
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