One Chinese word you will hear constantly about doing business in China is guanxi. Although guanxi is inconsistently translated into English, it roughly means relationship. Although it is often ...
When Chinese entrepreneurs Deng Feng and Michael Yu took a BMW out for a test drive together, they managed to get into an accident and completely destroy the car. As soon as they stepped out of the ...
Chinese Vice Premier Ma Kai met with French Minister of Finance Michel Sapin in Paris in 2016 and the two agreed to deepen ties between the two countries. So how is their guanxi? CNNTV Along with the ...
A Chinese business student asked me recently about what I, as a Westerner and teacher in a business college, thought of the Chinese concept of guanxi. I told him that, at best, guanxi was what we call ...
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