China is on track to become the world's largest economy in coming years. Research the implications………..
China is on track to become the world’s largest economy in coming years. Research the implications of this development and draft a document addressing the following:
- What would be the impact of China’s economy on:
- The world trading system
- The world monetary system
- Western-based global corporations
- How might the concepts of guanxi and guanxiwang come into play? Are there any ethical considerations for a western business?
- Discuss three cultural tips for US businesspeople doing business in China.
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