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1
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business dealings
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China
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Building personal relationships and trust is essential before conducting business
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1
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2
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business dealings
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China
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Indirect communication and reading between the lines are common in business dealings
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1
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3
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open business
|
China
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Open businesses may prioritize personal relationships and connections over publicly available information, leading to a preference for closed-door negotiations and limited transparency in business operations.
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1
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4
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open business
|
China
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Open business practices may be perceived as a sign of weakness or lack of discretion, and maintaining secrecy and hierarchical structures is often prioritized.
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1
|
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5
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opening business
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China
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Opening a business is often influenced by guanxi (connections) and requires building relationships with government officials and investors as well as family and friends.
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1
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6
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opening business
|
China
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Opening a business may involve offering gifts or tokens of goodwill to local officials or partners
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1
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7
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small business
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China
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Less prevalent due to the dominance of large state-owned enterprises, with less government support and a focus on larger businesses
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1
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