New Yorker Dan Mintz moved to China as a freelance film director with no contacts‚ no advertisingexperience. DMG had emerged as one of China’s fastest growing advertising agencies. Mintz attributeshis success in part to what the Chinese call guanxi: Guanxi means relationship and through businesssetting it can be better understood as connection. Guanxi has its roots in the Confucian philosophy of valuing social hierarchy and reciprocal obligations. Confucian ideology has a 2‚000-year-old history inChina
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HKU395 ZHIGANG TAO SHANGHAI GENERAL MOTORS: THE RISE OF A LATE-COMER In February 1998‚ the Asian Wall Street Journal‚ sceptical at General Motor’s (GM) investment in China‚ ran a front-page story with the headline‚ “GM bets big on a market littered with casualties.”1 Seven years later‚ in January 2005‚ GM featured once again in the same paper‚ only this time‚ the headline was more positive “GM vehicle sales in China rose 27% in 2004”.2 While Shanghai Volkswagen (SVW) maintained its leadership
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Paper Keywords: Shanghai heritage protection legal system‚ management system Abstract: urban heritage protection work in Shanghai Urban Planning and Construction Management is an important content. In the last 20 years exploration and practice formed a relatively complete legal and management system. The paper made a comprehensive overview of the system ‚ and its operational characteristics and advantages and disadvantages are analyzed. Shanghai has long attached great importance to historic
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Case study: DMG-Shanghai. 1. Why do you think that it is so important to cultivate guanxi and guanxiwang in China? I think that it is so important to cultivate guanxi and guanxiwang in China because both of guanxi and guanxiwang are essential to business in China. It is an important mechanism to do a long-term business and getting successful business in China. Guanxi refers to the business connections that are so important to companies doing business in China. Then‚ guanxiwang refers to the relationship
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Summary New Yorker Dan Mintz moved to China as a freelance film director with no contacts‚ no advertising experience. DMG had emerged as one of China’s fastest growing advertising agencies. Mintz attributes his success in part to what the Chinese call guanxi: Guanxi means relationship and through business setting it can be better understood as connection. Guanxi has its roots in the Confucian philosophy of valuing social hierarchy and reciprocal obligations. Confucian ideology has a 2‚000-year-old
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The attraction of Shanghai – Food & Catering Background information: Shanghai cuisine is the youngest among the ten major cuisines in China though with a history of more than 400 years. Traditionally called Benbang cuisine‚ it originated in the Ming and Qing Dynasties (1368-1840). Shanghai dishes usually look red and shiny‚ for they are often pickled in wine and their cooking methods include baking‚ stewing‚ teaming‚ deep-frying‚ etc. he raw materials of Shanghai dishes are well cut‚ and the colors
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Introduction of Shanghai Environment & Energy Exchange and Shanghai ETS Pilot Start of SEEE：2008 Reform of SEEE：SEEE has become Co. Ltd. after structural reform . Total capital 250 million RMB. The biggest carbon exchange in China. Structure of Shareholders：Introduced 10 state-owned enterprises and institutions as shareholders. They are also great stakeholders in ETS. Until the end of January 2012: SEEE has listed 465 projects Total amount 33.6 billion RMB Successfully trading
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China’s Gross Domestic Products (GDP) growth rapidly with an average 8% raise per year and seem will maintain its high-speed increase in the future. At the same time individual income gain fast growth particularly in some eastern coastal city like Shanghai (see Appendix 1‚2). A top economical official predict: “China’s gross domestic product will maintain its 7 percent growing speed in the future” (Yang‚ 1998). Social/Culture Labour Market: China ’s abundant labor resource has provided a great
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Shanghai Tang is a famous Chinese fashion label now popular all over the world. Fifteen years back in the year 1994 this clothing brand was launched. The founder was David tang‚ a businessman of Hong Kong. David opened up this new brand to give a new statement to the Chinese fashion and in fact the Chinese fashion got a vast change with the launch of Shanghai Tang. Previously old traditional Hanfu had lots of influence on the dresses of Shanghai Tang. However‚ now it becomes more global. Though started
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Majestica hotel in shanghai? 5th team Majestica was founded in Western Europe and focused exclusively on Europe and the United States initially‚ the expansion into China had been on management’s agenda since 1999‚ the opportunity emerged in late 2003‚ Majestica’s proposal to operate the luxury hotel satisfied CPS’s ambition to build a pre-eminent hotel in Shanghai‚ but there are 5 issues between Majestica and CPS. First‚ the length of contract term‚ Majestica asked
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