Problem-
China's business environment is one of the fastest changing in the world, yet on the other hand China has one of the world's oldest and most deeply ingrained cultures. What advice would you give to foreigners entering into negotiations with Chinese negotiators while taking into account Chinese cultural values, yet not falling back on cultural stereotypes which may be based on outdated or biased observations?
Additional information-
This problem belongs to Corporate Strategy and it discuss about the advice that foreigners requires to be given before entering into negotiations with Chinese negotiators.
Word limit- 550.