← Back to Concept Index
cross-cultural-business
The challenges and strategies involved in conducting business between a Western company and the Chinese government and market.
1 chapter across 1 book
Guanxi (2006)Robert Buderi and Gregory T. Huang
Chapter 6
This prologue chapter recounts Bill Gates's initial visits to China and the evolving relationship between Microsoft and the Chinese government, highlighting the cultural and business challenges faced. It emphasizes the importance of 'guanxi,' the Chinese concept of building mutually beneficial relationships blending personal and formal ties, as critical to Microsoft's success in China. The chapter also introduces Microsoft Research Asia as a unique partnership and innovation hub, illustrating the necessity of cultural adaptation and long-term relationship cultivation in global business.