How might concepts of guanxi and guanxiwang come into play

Reference no: EM13768636

Country Research

China is on track to become the world's largest economy in coming years. Research the implications of this development and draft a document addressing the following:

1. What would be the impact of China's economy on:

a. The world trading system

bg. The world monetary system

c. Western-based global corporations

2. How might the concepts of guanxi and guanxiwang come into play? Are there any ethical considerations for a western business?

3. Discuss three cultural tips for US businesspeople doing business in China.

Reference no: EM13768636

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