ancient financial institutions, chinese business history, honesty, honesty in business, jin merchants, rishengchang, shanxi, shanxi merchants
In the annals of business history, few stand as unique and renowned as the Shanxi merchants, also known as Jin merchants. Their reputation, built over centuries, is anchored in their unwavering commitment to honesty in business. This fascinating tale of a redeemed expired bill from the ancient city of Pingyao, Shanxi, reveals the secret to ...
Yang Bing-Yi’s business philosophy entailed two notable factors that ensured Din Tai Fung’s success. One could call them company secrets. The first was to ensure that every customer felt at home while dining in the restaurant. Secondly, every employee is valued and provided with benefits and a work environment that creates a sense of familial ...
Yang Bing-Yi, the founder of the restaurant chain Din Tai Fung, passed away at 96. This caught the attention of world media, which spoke highly of him. Din Tai Fung is one of the few Chinese restaurant chains to have entered the global market and become a well-known overseas brand of the Chinese food industry. ...
Jin is an abbreviated name for the Province of Shanxi in China, So here, “Shanxi merchants,” otherwise known as “Jin merchants,” refers to the group of businessmen from Shanxi Province. The “Shanxi merchants,” which reached their prime in the Ming and Qing dynasties, were ranked first among the top 10 Chinese merchant groups. Based on ...