Here’s an interesting article posted at NBCnews.com, “Why big American businesses fail in China“ I think it does an excellent job capturing the practical ramifications of many Chinese social dynamics. Here is an excerpt–– Spend any time in China, and you quickly learn the power of guanxi, or social connections. Guanxi drives business deals and government contracts. It’s the invisible glue that ties people together. It’s the sense of connection and mutual obligation that Chinese society prizes in personal relationships.... Read more