Guanxi Advantages And Disadvantages

In a diagram labeled “Economic Connections during the Golden Age of the Song” (Document 4), it showed the development of China from farming to growing cities through the use of technology. By creating agricultural technology, there was eventually a surplus in food and other products began to sell. This opened up trade and jobs and made large business cities like the capital, Chang’An. The economy expanded and prospered based on the trade of art and technology. In a picture scene (Document 9), it shows a busy, bustling city doing business. There are merchants and traders who traveled by water. All of this caused cultural diversity and diffusion. The growth of China’s strong economic system and systems of trade resulted in the Tang and Song China becoming the Golden

The first benefit from building the wall was how it created jobs. More than a million chinese workers were put to work on the wall. So, all of the unemployed people in China now had a job where they could make money. This also gave jobs to other people because some of the people that went to work on the wall now have no one in their old job position. This means that possibly children or women took these places and everyone had a job. This is very beneficial to the people of China.

One of the wonders of the world today is the Great Wall of China which was inspired by none other than the Qin Dynasty. Other dynasties put in dedication to having the Great Wall constructed but the Qin Dynasty played a significant role in coming up with the idea for it. The Great Wall of China would benefit China greatly because it would serve as defense against nomadic tribes. Apart from being protected by nomadic tribes, the Great Wall would be a benefit for China’s forever. Other countries

When many think of the country China, the first thing that comes to mind for many is the Great Wall of China. Over the time period of the Qin and Han dynasty, the wall was began being built to protect the people from Xiongnu who lived on the Northern China border. This group of people was a major threat to the Chinese people. To fix this problem the wall seemed like the only probably choice and the enormous project of building the wall began. Though a great deal went into building the Great Wall of Ancient China, the benefits of the wall outweighed the costs.

Another benefit of the wall was China's openness to new ideas. In other words, the silk road carried new ideas to China. The silk road integrated new religions and types of music (Doc.D). None of the exports of Han China included religion or music. Emperor Wudi did lots t keep the merchants and caravans safe (Doc.D). The emperor wouldn't have done this if he wasn't open to new cultures. China's new openness to new ideas is thanks to the wall.

The Chinese government owns all the land and protection of property is decreasing. The corruption of the Chinese government continues as they reject core reforms such as disclosure of assets by officials, oversight of bodies, and lifting political restraints on citizens. To continue the problem China has a weak financial regulation, use of debt to overproduce, the culture of saving and not spending, and profound fear of innovative ideas. However, China’s use of

describes how the Chinese goods that are produced are worth much value to foreigners such as the

The Great Wall has helped China in more ways than you think. The Great Wall had numerous costs. Multitudinous people died during the construction on the Great Wall. However, it had countless and remarkably convenient benefits. The benefits did outweigh the costs because it improved trade, provided security, and glorified China’s glory.

One way the Great Wall helped China of by protecting it. According to the background essay, the Great Wall’s purpose was to shield China from Mongol invaders. In addition to this, the Great Wall of China protected much of the Silk Road, as stated in the diagram in Document A. With the Great Wall in place, citizens were safe from invasions.

The state identified China's most important industries, such as energy, steel, and transport, and made sure they were operating according to the Party's interests. Otherwise, more and more businesses became state-owned but less state-controlled. In this way, the Party allowed more commercial freedom while maintaining its ultimate authority over Chinese businesses. This organization is apparent in the case of Chinalco, which “bristled with commercial ambition and tracked their stock price as ardently as their western competitors. Backstage, however, the Party sat quietly out of sight, tugging on the reins when need be, safe in the knowledge it retained all the levers needed to control the company." In addition, an increasing number of foreign

Emperor Qin Shi Huangdi ruled Ancient China from 221 till 210BC and was the founder of the Qin Dynasty. He came into ruling at the young age of thirteen after his father’s death. He was a very effective ruler who during his reign accomplished unifying China and building monuments such as the Terracotta warriors and the Great Wall of China. Although Shi Huangdi did numerous things to help China and make it better, he also burnt books to destroy records of the past and punished those who did not follow his rules. Even though some of Qin Shi Huangdi’s methods were questionable he impacted China in many ways and was an effective leader because of his desire to unify China and make it better.

The main advantage of doing business in China is the fact that China has emerged as one of the world’s strongest economic forces, driven by the shear number of

Fock, H K. Y. and Woo. K.S. (1998). The China Market: Strategic Implications of Guanxi. Business Strategy Review, 9(3):

The unique guanxi culture in Chinese society sets its societal framework distinctively apart from the West. Although guanxi is often portrayed as one’s social network, it is much different from the so-called “connections” in Western society. Guanxi is a special social phenomenon in the Chinese societal context. It has survived throughout history and continues to be a prevalent trend because it has its Chinese characteristics and attributes that are not found in other societies. The existence of guanxi in Chinese society originated from the core Chinese value of collectivism. Since centuries ago, Chinese society’s group life and social organization has been based on collective interests. “Familial sentiments and obligations, [which were regarded as ethical relations], extended from the family into society [later on]”. The unofficial, informal networks of familial and kinship obligations provided the social support mechanisms through which peasant families survived in the economy of transition and hardships” (Bian, 2001, p.276). The twin themes of guanxi and the sense of hierarchy mutually enhance each other because private networks thrive through the existence of the principle of giving and reciprocating, which highlights that there is a dependent on a more resourceful party in the relationship. The future of the twin themes in China will continue to be built upon mutual reliance and the looked upon generous favour giver in bridging the connections between multiple parties.

Despite the high levels of corruption, investors do not seem to be deterred from doing business in China. Some believe that corruption acts as an effective “grease” to speed up the many layers of bureaucratic inefficiencies for starting of businesses in China (Meon, Weill, 2008). Furthermore, the policy of regional competition in China has caused the competitive lowering of bribes in order to attract businessmen with a lower “unavoidable cost” of doing business in the region. (Li, Peng 2001). Another reason would be the high predictability of corrupt practices in China (Campos, Lien, Pradhan, 2001), to the extent where investors factor “bribes and gifts” as a portion of their budget. Hence it does not appear as a deterrent to businesses when they enter the market (Dickson, 2008). Corruption due to “Guanxi” is also explained to enhance efficiency, because “Guanxi” contributes to high levels of public trust that encourages business ventures due to the availability of valuable information that reduces uncertainty (Li, Wu