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Table of contents 1. Introduction………………………………………………………………………………. 2. What is guanxi network?…………………………………………………………………. 3. Guanxi and Chinese Business……………………………………………………………. 4. coming(prenominal)(a) of guanxi networks………………………………………………………………... 5. The Role and Functions of Guanxi……………………………………………………….. 6. Ethical side of guanxi networks…………………………………………………………... 7. Conclusion………………………………………………………………………………... Introduction mainland China went finished the period of rapid economic development during last some(prenominal) years. Economists resolve to find different ways to explain this growth. To hold choke a better idea about the economic social organisation of China it is necessary to take into account guanxi networks as they submit extremely important influence on the social, political and cultural life of the country. In my paper I will try to distinguish the role guanxi networks play in China and future trends of their development. Some specialists say that guanxi is one of the factors that influence the rapid economic growth. Guanxi relations get together millions of Chinese firms and institutes into one network. We must(prenominal) remember about historical and cultural background of these networks.

Guanxi networks operate an important part of the past of the country and they ar grow into Confucian Chinese tradition. Liter eithery, main principle of guanxi can be literally described as I scratch your back; you scratch mine. It is a principle of reciprocity, which means that when one participant of the group does not return an obligation; all the members of the network lose their prestige and should be responsible for this failure. The sine qua non of network represented by multiple relationships in China is obvious. Constant political changes, sources of authority in governing and the fate of close ties between quite a little in business are the main reasons of guanxi popularity. History of China and mentality of Chinese people prove that the network is an important component of Chinese annals and is necessary for the further... If you want to get a full essay, lay it on our website: Orderessay

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