A guide to negotiating
Article Abstract:
Entering China's business culture requires familiarity with negotiating techniques. Sales managers should be prepared to meet at the customer's location of choice, and research about the company will add strength to business dealings. Chinese often will finalize matters at the last moment, to leave negotiating room before contracts are drawn. Chinese are suspicious of double standards, so provisions should be reciprocal whenever possible. Emphasize company policies and procedures, and always act as a team. Be reliable, but not predictable.
Publication Name: China Economic Review
Subject: Business, international
ISSN: 1350-6390
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
Exporters feel the pinch
Article Abstract:
China's Premier Zhu Rongji pledged that his government would not devalue the yuan. It is believed devaluation would create further devaluations throughout the region and harm the export economies that China is so dependent on. However the premier is under pressure from Chinese regional officials to devalue the currency as many exporters are struggling.
Publication Name: China Economic Review
Subject: Business, international
ISSN: 1350-6390
Year: 1998
User Contributions:
Comment about this article or add new information about this topic: