Understanding China

An analysis of Chinese economic and political behaviors from a cultural perspective. Discusses the importance of understanding how the Chinese do business among themselves and with others.Using empirical research data and his first-hand experiences, the author argues that (1) the Fourth Economic Power is truly emerging with mainland China being the center stage, and the Chinese Diaspora being the key players; (2) understanding guanxi (connections), among other things, represents the key to understanding doing business in China; (3) China is not yet ready for democracy; benevolent authoritarianism will most likely define China's political life; (4) China's corruption problem-either of a structural nature or a moral nature-is solvable; (5) education holds China's future; and (6) Chinese family can be the most sustainable resource of the Fourth Power.