Archives by Tag 'Learn Chinese language and culture'

Understanding China: what is Guanxi?

Brian Hennessy. An Australian in China.  Think: Informal networks, using the back door, investing in relationships, calling in favours, underground economy, and so on. Guanxi is all of the above and more. In fact it is a highly sophisticated parallel economy which subverts a totalitarian system and its bloated, politicised bureaucracy.     Understanding China: what is Guanxi? […]

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