Monday, March 22, 2010

Doing Better Business in China

5 Important Tips of Doing Business in China
1. Never undreestimate the importance of existing connections. Chinese want to do business with people they trust. But there is no real trust unless a person is in their circle
2. Never pressure your Chinese partner for a decision. Not to speed up the decision process, slow down.
3. Respect Face.
4. A great deal of business in China is conducted over dinner. However, business dinners or lunches can also indicate a general warming of a relationship, and in this case, their role should not be over-stated.
5. The Chinese generally like to give small and inexpensive gifts.

Practicing steps 1 - 5,
Catherine