Glossary
a _ b _ c _ d _ e _ f _ g _ h _ i _ j _ k _ l _ m _ n _ o _ p _ q _ r _ s _ t _ u _ v _ w _ x _ y _ z _ 0 _ 1 _ 2 _ 3 _ 4 _ 5 _ 6 _ 7 _ 8 _ 9
- Guanxi
-
“Guanxi” literally means "relationships", stands for any type of relationship. In the Chinese business world, however, it is also understood as the network of relationships among various parties that cooperate together and support one another. The Chinese businessmen mentality is very much one of "You scratch my back, I’ll scratch yours." In essence, this boils down to exchanging favors, which are expected to be done regularly and voluntarily. Therefore, it is an important concept to understand if one is to function effectively in Chinese society.
