Guanxi – all business is personal
Author: Thomas Perez China has a history of around 4,000 years with many different dynasties. The last one, the Qing, ended in 1911, the birth year of PRC. Exactly 100 years later, in 2011, China became the world’s factory and released its 12th Five-Year Plan. Almost every aspect of the economy will change except of one – guanxi. “All business is personal”! The right network makes the difference between wealth and poverty, success and failure. There are two different levels …