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:

  • What would be the impact of China’s economy on:
    • The world trading system
    • The world monetary system
    • Western-based global corporations
  • How might the concepts of guanxi and guanxiwang come into play? Are there any ethical considerations for a western business?
  • Discuss three cultural tips for US business people doing business in China

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