How Chinese culture impacts business

Harris, Carlton
January 2009
Rubber & Plastics News;1/26/2009, Vol. 38 Issue 13, p9
Trade Publication
The article presents the author's comments on the impact of Chinese culture on business. The author states that the lack of a democratic tradition leads many Chinese business leaders to be autocratic in management style. According to him, another Chinese business characteristic is the attitude toward contracts as a written contract in China is not considered a legally enforceable document so much as it is an understanding between two parties at that time.


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