Bussines in China
Living today in a globalized world, arise the necessity of a very strong communication between the diferents cultures and to learn the main lenguages of the world.
Each person acts, thinks and has different values and this generates the biggest problems. The perception of the time, the personal interrelationship, the outfit, the introduction and the Greetings, the Exchange of bussines cards, the food and even the way of take decisions change when you talk about frontiers.
The businessmen that havent been alert of the differences of the cultures, they can not operate in a efficient way outside their own country and this last thing take much importance every day even more in a world that has to battle with the economic crisis.
To do business one person has to trust in somebody that doesn´ t know or looks that has different behavior, principles or customs.
That is why the importance to adquire or learn about the culture of the country wich one is going to make business.
FIRST DAY IN SHANGHAI
After a long travel, we arrived to Shanghai yesterday. We could see part of the city from the bus, in the way between the airport and the hotel and I realize that there is so many contrasts between the areas.
Today was the first day of classes. We had one conference given by Carlos Pascual, who works at the Spain Embassy. He spoke about the Chinese economy, which is the second economy in the world and the main source of global growth. China is growing around 10% since two decades.
After the conference, we took a class with the global MBA. The professor Gabor Holch lives in China since 2002 and work as a consultant here, in Shanghai. The lectur was about negotiation in China. He gave us a introduction into the challenges of China and how to apply sound negotiation methods to overcome them. There is so many factors we have to take care about, if we want to do business in China. The class was very interesting and now I have a better idea about what I have to be aware of.
My first impressions in China
After 20 hours of travel, finally we arrived to Shanghai!!!
It’s a huge city with a lot of people! Every road is full of shops and restaurants.
At night, Shanghai turns on the lights and all the magic comes out!
Today was our first day in Jiao Tong University, one of China’s oldest universities, with a history of more than 110 years.
In the afternoon we went to Shanghai ERA Solar Co. The bigger solar company in Shanghai.
Ni hao!
We arrived yesterday to Shanghai!
Today we’re started the day going to a meeting in Shanghai Jiao Tong University. A Spanish Legation in Shanghai has talked about Chinese economy.
China is the first exporter in the world and it’s economy has grown up 10% every year, in the last 30 years and poverty has decreased 60%.
Industrialisation and urbanisation are both motors of development. But Chinese economy is dependence of exportation and government inversion and private consume it’s very low.
After this meeting we’ve had a class about negotiation in China. Gabor Holch has talked about we must be patient in negotiation with Chinese businessmen and we need to know that we won’t talk with the boss, because he doesn’t speak English. Now we have the principal keys to do business in China.
After lunch we’ve gone to Era solar company, which make buildings with solar panels.
Now we’re going to see Shanghai skyline.
I´ll tell you more tomorrow.
Pre-China
I personally believe that prejudices are really bad, because many times they are not true. When we think anything about someone or something before of know it, it’s very difficult to change the initial opinion. Knowing it, it’s also true that prejudices are inevitable.
I am going to tell you believes or prejudices about China and Chinese people, before going there. Probably, when I came back in a few weeks, it could be changed.
When I think in China, I think in a large population split. By one way, the rural population, the traditional China, and by other way the huge cities, full of lights, traffic, skyscrapers and pollution. On the one hand, large rice fields, and on the other hand, an emerging country, second world power.
China has got an ancestral culture, with a recent released new year, dedicated to the sneak.
Chinese people in the world are characterized by being deliberate and calm, with eastern philosophy, in fact they chew food hundredfold before swallowing !
When doing business in China, I’m sure that they transfer their wisdom and calm. So I think it’s really important to go there to really learn from them and to be able to negotiate with this second world power.
TRIP TO SHANGHAI…
Shanghai is one of the most modern cities with higher economic growth in the world.
I think that this trip is a great opportunity; we will have new experiences, learn about China’s cultural and social habits and what they consider important when making business.
I’m also looking forward to visit the emblematic places of the city and having wonderful experiences with my friends.
I hope and I wish you an unforgettable trip!!
6,5,4 …
There are only six days to start our trip, next Saturday we be landing in Shanghai.
Shanghai is the modern face and confident of the new China, is the economic capital, and is the most populous city in the country and the world. The city is known for its contemporary architecture Jinmao Tower, Shanghai Tower World Financial Center, the Shanghai Museum, Grand Theatre, the Shanghai Tower and the famous Oriental Pearl Tower…
We are excited about what we will find, to know new places and check if everything we thought we knew about China is true.
During the trip we will have the opportunity to approach an ancient culture with great contrasts, and we will visit the major companies based in the area, which will allow us, or so we hope, understand the main features of trade with China.
Shanghai, I can’t wait!
In only four days my study trip to Shanghai will begin! I am really excited about this trip with all my MBA partners. We will stay there for 12 days at Tongji University, we will learn all about Chinese culture, how they make business, how is to be an entrepreneurship in China. Also we are […]
Study Trip to Shanghai
In just one week I’ll have the honor of visiting Shanghai, one the most preferred cities where the biggest multinational companies settle their production processes. Ever since I started working (Hewlett Packard or GE), almost every product I’ve interacted with was made in China and I’ve always been curious about how the production plant would be like: its size, output level and the coordination it must have to be able to produce products to so many countries.
Another aspect of this trip that excites me is that for the first time I’m going to set foot in Asia; I’m expecting a big cultural difference. Not only in how they greet each other, but also in their food habits, what they believe is important when doing business, religion, even hear them speak in Chinese will be a great experience.
I have high expectations on this study trip, which I hope to enjoy and share wonderful experiences with my classmates.
Living China!! ;)
A year ago I didn’t know if I would have the opportunity to meet the city of Shanghai; it is difficult to plan, living so far with so many places to visit in the world…
But now I am tremendously excited about the idea! Shanghai is the main commercial and financial center of China, besides owning the most important port in the world by volume of merchandise; modern way to reinforce the meaning of the city name (over the sea, go to the sea).
What I expect from China?
- To know their ancient culture.
- To learn how to do business there and what are the social protocols of the Chinese business world.
- To Enjoy lessons in Jiao Tong University as well as visits to companies.
- To know the newer parts of the city: Nanjing Road, skyscrapers, entertainment …
- Culture: Folk Art, the Yuyuan Garden, Tea Palace, Shanghai Museum, etc.
- Where to go: Water Villages, Terracotta Warriors in Xi’an.