business traditions, china, doctrine of the mean, generosity, guanxi, hierarchy, integrity, mianzi
Different cultures have their own characteristics and propriety of conducting business. China is no different. Whether it is dealing with customers, partners, superiors, juniors, and so on, Chinese business traditions mandate the observation of certain standards. 6 Chinese business traditions you need to know about 1. Generosity According to ancient Chinese traditions, a businessman is ...
Chinese culture is important, as it plays a significant role in defining every aspect of a Chinese individual’s life. This includes the way the individual conducts business, how one treats the family and elders, how responsibilities are distributed in a family, and so forth. As a result, understanding Chinese culture and its influence on society ...
In the United States, business relationships are formal and typically based on contractual agreements, while in China, personality traits play a much bigger role. In China, business relationships rely more on the long-lasting culture of guanxi, a mixture of personal and public relationships that affect all individuals and organizations. Now, researchers from the University of ...