Tag: Doing business in China

China business: contract dos and don’ts

"Guanxi" (关系 guānxì) — pronounced gwan-shee — is one of the most potent forces in Chinese culture. Its direct translation means “relationships”, however, the reality of guanxi is that it relates to “connections” formed over time by the reciprocation of social exchanges and favours, the latter often related to business.   Foreigners doing business in…

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