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Explaining Guanxi: The Chinese Business Network
Contributor(s): So, Ying Lun (Author), Walker, Anthony (Author)
ISBN: 0415384184     ISBN-13: 9780415384186
Publisher: Routledge
OUR PRICE:   $65.54  
Product Type: Paperback - Other Formats
Published: December 2005
Qty:
Temporarily out of stock - Will ship within 2 to 5 weeks
Annotation: Guanxi can be roughly translated as personal ties, but the simplicity of this definition belies the complex nuances invoked by the word and the profound influences it has on Chinese business life. Although it is a widely recognized concept in both business and academia, there is relatively little published which aims to provide a thorough explanation (rather than simply a description) of its economic and social origins and thereby its real meaning in business life today.
China will be the world's leading economic force for many years and will soon be its largest economy. The demand for knowledge of how the Chinese operate from businessmen and academics working in the field is huge and will continue to grow. Guanxi is an enormous force underpinning the way in which the Chinese conduct themselves and do business. The more others understand guanxi, the greater advantage they will have in dealing with China.
The book will therefore be a valuable addition to our growing Asian Business list meeting both student and professional needs.
Additional Information
BISAC Categories:
- Business & Economics | Management - General
- Business & Economics | Business Ethics
- Business & Economics | International - General
Dewey: 658.044
LCCN: 2005015107
Physical Information: 0.4" H x 8.14" W x 8.38" (0.57 lbs) 184 pages
Themes:
- Cultural Region - Chinese
 
Descriptions, Reviews, Etc.
Publisher Description:

Guanxi, a system of Chinese business relationships, is often described, but is rarely fully understood. Though it seems intangible, there is no doubt that it has contributed significantly to the success of Chinese entrepreneurs and the places where they work. Translated loosely as 'personal ties', this simple explanation belies a complex and nuanced system. Guanxi has often been criticised as nepotism - unfair, inefficient, even corrupt, and generally detrimental to business and economic growth... but if it is that bad, how does it survive?

This insightful book unravels the origins of Guanxi and provides a much-needed explanation of the phenomena. It investigates:

  • why it was initiated and developed
  • what function it serves
  • how it is maintained
  • why it is such a dominant phenomenon in Chinese business life

Combining economics, law and culture, this clear and concise book looks to the future of Guanxi based on its history. Drawing on cultural, organizational and economic studies, it takes a multi-disciplinary approach, integrating these various topics into a coherent explanation of Guanxi ensuring that this illuminating book will be equally useful to students of Asian business as to practitioners working within this market.