Country Research
China is on track to become the world's largest economy in coming years. Research the implications of this development and draft a document addressing the following:
1. What would be the impact of China's economy on:
a. The world trading system
bg. The world monetary system
c. Western-based global corporations
2. How might the concepts of guanxi and guanxiwang come into play? Are there any ethical considerations for a western business?
3. Discuss three cultural tips for US businesspeople doing business in China.