Doing Business in China
As one of the BRIC nations (Brazil, Russia, India and China), China offers major opportunities for many countries. The current growth rate of China’s economy and production, has attracted many companies from around the world seeking lower manufacturing costs and cheaper labour. To succeed in this competitive market place you need a good understanding of Chinese language and culture.
In Tomorrow’s Markets, a report published in 2008 by UK Trade & Investment, UK executives revealed that they intended to increase their expansion plans into China by 49%. Expanding into China could mean anything from sourcing a new supplier to setting up a new manufacturing plant in China. To do business in China effectively requires an understanding of how the Chinese do business differently from the UK. In China for example;
- Asking for help is seen as a sign of incompetence or weakness.
- Their view of team working is very different to ours.
- Relationships are important to getting business done.
- You must understand Guanxi which refers to the socio-emotional bond that ties people who do business together.
For help and advice on language training or cultural briefings that will help your move to China or help you do business with Chinese people more effectively, contact us on +44 (0)118 934 6000.

