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The Impat of Guanxi on the Internationalizing Process of Foreign Smes: The Influence of Guanxi on Austrian Smes
Zhouhua Zhu (Author)
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Av Akademikerverlag
· Paperback
The Impat of Guanxi on the Internationalizing Process of Foreign Smes: The Influence of Guanxi on Austrian Smes - Zhouhua Zhu
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Origin: Spain
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Synopsis "The Impat of Guanxi on the Internationalizing Process of Foreign Smes: The Influence of Guanxi on Austrian Smes"
Since launching its open-door policy in 1979, the rapidly growing Chinese economy has presented foreign investors with both business opportunities and challenges. In spite of the global economic downturn in 2008, China responded swiftly with a series of coordinated monetary, fiscal and bank-lending measures in order to maintain a high growth rate. The current Five-Year Plan (13th) of China is aimed to increase the consumption activity, which provides new opportunities for foreign companies. However, China still remains a formidable challenge to most foreign companies. Many companies failed, because they ignored essential factors such as cultural differences or the lack of sensitivity to the changes in the Chinese market. Especially, the Chinese cultural factors “mianzi” and “guanxi” played a major role in the success of a business.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
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