Explaining guanxi

"Guanxi, a system of Chinese business relationships, is often described but is rarely fully understood. Translated loosely as 'personal ties', this simple explanation belies a complex and nuanced system. This insightful book provides a much-needed explanation of the phenomena as it relates to business." "Drawing on cultural, organizational and economic studies, the book takes a multi-disciplinary approach, integrating these various topics into a coherent explanation of why guanxi came into being, why it continues to flourish and what its future holds. Clear and concise, this book will be equally useful to students of Asian business as to practitioners working within this market."--BOOK JACKET.