Buy custom Guanxi and Its Role in Chinese Business
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1521 |
Essay's paper body
This trust, also known as “xinâ€, cannot be bought; it can only be earned, “trust is established on the positive feelings built by interacting with one another for a reasonable period of time†(p.193). Even though social networks and business networks are different it is said that one must have a good personal relationship in order to successfully carry out business in a Chinese community...
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Even though social networks and business networks are different it is said that one must have a good personal relationship in order to successfully carry out business in a Chinese community. It is also common for Chinese businesses to conduct business with trusted friends.
Chinese people are very hesitant to trust strangers, which they do not have relationships with...
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