WHAT: "Guanxi: Its roots and impact on doing business in China today" by Isaac Stone Fish (online)
WHEN: Dec. 1, 2021, Wednesday 8:00-9:00 PM Beijing Time
MORE ABOUT THE EVENT: If you visit China on a business trip, you'll likely hear the term "guanxi". Wikipedia calls it "the fundamental dynamic in personalized social networks of power, and a crucial system of beliefs in Chinese culture." What are its roots, and how does guanxi impact doing business in China today? Isaac Stone Fish explains how much of what we consider 'ancient Chinese' traditions of guanxi actually owe more to Leninist politics than imperial networking. The spectacular -- and different -- downfalls of Jack Ma, Evergrande, and Didi moreover show that networks are a precondition of success, not a stave against failure. And yet, as Ma once joked about the Party, "Love them, don't marry them." What level of distance can and should Chinese and foreign corporations have with the Chinese Communist Party? How does the Party's culture of secrecy and opacity impact business culture and networking in China? And how much are – and should -- non-Chinese corporations, especially American ones, compromise their values to succeed in the Chinese market? Isaac is a writer and CEO of Strategy Risks; the event moderator is Ching-Ching Ni, editor-in-chief of the New York Times Chinese website.
MEMBERS ONLY: This online event is free and exclusively for members of RASBJ and RAS branches. If you know someone who wants to join the RASBJ to attend this talk, please ask them to sign up at https://rasbj.org/membership/ at least 48 hours before the event.
HOW TO JOIN THE EVENT:
- Please click "Register" and follow the instructions.
- After successful registration, you will then receive an email with the Zoom meeting ID and passcode (please check your spam folder)