The world trading system and the world monetary system

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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:

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

The world trading system

The world monetary system

Western-based global corporations

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

Discuss three cultural tips for US business people doing business in China.

Reference no: EM131159204

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