Sentences with phrase «chinese business culture»

Corner - cutting deeply ingrained in Chinese business culture, with no government regulatory enforcement.

But face - to - face meetings are crucial in Chinese business culture, where personal bonds and political connections, collectively known as guanxi, are relied upon to avoid and resolve business disputes, sometimes more than the legal system.

Not exact matches

Our goal is to deliver a differentiated perspective on Chinese capital markets, business, government, and culture.

Chinese businesses have expressed difficulties with adjusting to the specificities of business culture in Russia — likely referring to its slow pace and complex bureaucracy — compared to the business cultures in Europe, Asia, and Latin America.61 Even though Russian attitudes toward the Chinese may be improving, this change is only recent, and long - standing perceptions that Russians harbor anti-Chinese sentiment may still fuel Chinese doubts about the feasibility of pursuing business endeavors in Russia.

Michael said it is important to have local Chinese people in your company who can interact with the government and who understand the ins and outs of the business culture.

The rise of a drinking culture at Chinese social gatherings, along with increased disposable income among younger consumers, are set to drive the Chinese spirits market through a CAGR of 15 % over 2016 - 21, says GlobalData, a recognized leader in business intelligence and analytics.

And interestingly, the Communist Party committees that still exist within all large Chinese business firms are now strongly involved in corporate culture promotion.

Because shark fins are a part of Chinese culture, with shark fin soup served at important business meetings and family events, there is no avoiding the Asian community being affected.

«It was very hard to work with people who do not understand the Chinese market and culture,» Zong said of his former business partners.

A more direct obstacle to internal referrals could be the prevailing culture at Chinese law firms, where there is typically little centralized management and partners compete with each other for business more than they co-operate.

Chinese culture infuses Chinese business and doing business with China often involves an understanding Chinese culture.