On this market cultural report, I will focus on China. The country has an emerging enormous market with a population of approximately two billion. Its GCD is equal to ten trillion United States dollars. The statistics released recently by the World Bank revealed that it has the cheapest and most significant labor force of around seven hundred and ninety million which gives companies the opportunity to hire workforce in the country. When China is compared with other countries such as India concerning literacy rate, it is found to be ahead of them for it has 91% while the other has a percentage of 61%. A large pool of trained labor is available at a very considerable cost which helps most of the businesses to be able to produce higher incomes for much is saved from labor cost.
In the quarter century of reform to the outside world that has passed, the economy of China has been listed as the second largest globally, United States being first, when measured by purchasing power parity. The government of China has an objective of multiplying the gross domestic product by the year 2020 which will also double the per capita GDP. From 1978, the government has ensured there are general market mechanisms with some reduction. To facilitate this, it has fostered a dual economic structure which evolved from an economy planned centrally to a financial system of a socialist market (Beugelsdijk, et al. 2015). The industry has been developing rapidly due to the advancements which have increased in technology and also the foreign investments. Another thing that has played an enormous role is the legalization of private ownership of manufacturing properties, despite the fact that some are still owned and planned by the government. They additionally empower joint tasks particularly in the open beach front urban areas and the zones with select monetary zones. All the changed economy which has been conveyed to China are seen by the expansion of some of its tycoons throughout the previous two years.
The people of the Republic of China are positioned in number one in the global population for there are over one billion individuals. It is also the fourth largest country in the world for their country has occupied over nine million square kilometers. The nation is inhibited by numerous ethnic groups while Han Chinese are the largest of all since they are found in all areas of the country. Mongol, Tibetan, Zhuang, and Korean are the other more significant, minority groups (Beugelsdijk, et al. 2015). The society for Chinese use non-verbal communication. Most of the knowledge they have, they acquire during the process of upbringing. It is when they learn what to do and say even though it is not told to them directly through conversation. For them to determine someones feeling towards everything, they depend on heavy tone of the voice as well as facial expressions. They show little facial expression while conversing and avoid eye contact as it is believed to be a disrespect.
Something surprising about Chinese is there written language, the alphabet is entirely different from others. The characters represent ideas, whole words, and concepts while the symbols used for the words are similar irrespective of the dialect. The standardly used idiom are two, one being Cantonese and the other mandarin. People who inhabit the southern areas use Cantonese while people in the north use Mandarin. In this case, the dialect is used to mean how words are spoken and not the way they are written as the meaning of words is differentiated by tones. In the matters of etiquette, greetings are highly formalized, and always elders are supposed to be addressed first. People are addressed using their titles followed by their last names unless it is on a first name basis (Brandt, et al. 2013). The greetings are done by bowing their heads for it is an appropriate to shake hand with foreigners.
In China, entertainments are done in public places, and when a person invites people to their home, it is considered as a great honor. The guest is required to remove their shoes as a way of showing respect and admiration to the host. As the feast starts, the host of it eat first and also propose a toast. For the host to know that people are enjoying the meals, people must eat a lot of food. The parties must have the tremendous amount of alcoholic beverages and a lot of smoking too to be complete. On the other hand, the last item on the serving dish is not supposed to be taken by the guest. The Chinese believe that the plates should not be slurp or belch once people are done consuming drinks and food as well. Individuals from this part of the world use chopsticks as their traditional utensils for eating which are set on the table when not in use and after using one is not supposed to play with them because it shows disrespect to the host.
Most of the Chinese are the atheist, and especially the officials in the communist party for people working in the government are not supposed to hold on any spiritual beliefs. Based on the constitution, there is religious freedom. However, many people are persecuted because of practicing religion. Taoism, Islam, Catholicism, Protestantism, and Buddhism are the only religions accepted in China. The Chinese law does not cover people who practice other faiths. There are many holidays in China due to their different festivals. And marriages are regarded as the most significant part of their culture whereby many customs are associated during the wedding (Brandt, et al. 2013). The country has a vast population. Therefore, a couple is allowed to bear only one child. A person who wants to work in China is supposed to send a request early enough because businesses do not like working with the organization they do not know. The economy is rising rapidly which make it a threat to the United States.
The Chinese business culture
In China, education, age, and authority are highly respected for they are strongly influenced by Confucianism. Most of the Chinese living in the urban areas do not adhere to these principles. as it was done in the generations that have passed. But, they are still the strength of numerous business practices. The aspects that facilitate a pleasant environment are behavioral norms and social etiquette. In business meetings, a yes or no answer is not supposed to be demanded instead the slow, consensual making of a decision are preferred in order to build healthy relationships (Chen, et al. 2014). Therefore, it is advisable when interacting with Chinese people one to maintain harmony, face, and actions which raise others self-esteem. People from this country build the good business relationship through trust, so when a person starts working from there should expect to spend most of his or her time in the meetings with the partners. Before closing any deal, healthy relationship is established, thus, no meeting start by going directly to the main agenda. In the session, they start with the question such as about the fairing of the family to first develop the personal connection.
In the business setting, the handshake is the only standard way to greet people despite their genders, seniority or age. The Chinese have a great respect for the older people, and they display courtesy of higher level whenever an older person is present. Most of the times when people are shaking hands, they bow and nod slightly especially if the seniors are involved. Before people get seated there is a frequent exchange of business cards. It is always recommended that a person planning to do business with the Chinese should know simple phrases of Mandarin such as greetings, saying thank you, and goodbye. And while addressing them, surnames should always be placed first.
In China, business cards are referred as Ming pian. They are the most important things when conducting business; hence, they are handled with respect. When a foreigner starts working in China, his or her card must be translated into a Mandarin and change the mobile number too (Chen, et al. 2014). A personal business card should emphasize on the title of the individual, and a person should carry many because in a night or a day of networking people give out plenty of them. Symbolisms are emphasized. For instance, when a person is choosing a phone number, it is advisable to have the one with 8s and business cards with gold and red for it signify wealth and good luck as well. Every time a card is being presented, it should be done with both hands, the card held between thumb and index finger while the Chinese face is up. The cards are also not supposed to be placed in the pants or skirts pockets it gives lousy symbolism.
The agreed dressing code in the business environment is modest clothing while loud accessories are avoided. The attire expected in this type of meetings are conservatives ones, despite the fact that it is dissimilar depending on the city and season. Males are expected to wear suits and tie ties, while females should be in either dresses or skirts which are official. It is only during summer when men are accepted to wears coats of sports and women are told not to wear a lot of makeup and to exaggerate jewellery. Guanxi plays a fundamental role in these cultures. It is mainly used to explain the contacts network which people call when something should be done. The system has influenced business by its effect on the growth of sales and market expansion. Since it open and maintain bureaucratic relationships, the business minimum delays are always sorted. But also it brings up challenges and the only way to remain diligent is by being aware of the challenges brought.
The Hofstedes Cultural Dimension Analysis of China.
One of the professors known as Geert Hofstede performed a study that revealed several cultures that influences the values of a workplace. His recent publication entailed ninety-three countries, but still, the study emphasized the five dimensions of the culture. The first is known as the power distance (Talhelm, et al. 2014). On this aspect, he elaborated and said that an organization accepts and expects power to be distributed differently when there are less powerful people involved. The PDI of China ranks at eighty which is said to be a very high position. Therefore, many organizations are found to have power distance among the superiors and subordinates which is accepted and seen as a typical situation. The mentality of individualism is not experienced in China. Unlike countries such as America where a person thinks how they can further their careers, department or group. China people think as a group hence they have their IDV ranks 91, and it is mostly seen in the high amounts of out-groups and in-groups.
The only area the Chinese and Americans have similar rank is in Masculinity and Femininity (MAS). The rank ranges at 66, meaning the driving forces are accomplishments, competition, and success. In China, work is always put before leisure activities and family. For instance, most of the Chinese leave their families and go to work at the companies and factories for almost eleven months out of one year which proves how vital work is to them. Uncertainty Avoidance UAI explains how Chinese accept ambiguous situations and they are not scared of them. There are many rules and regulations set aside to prevent uncertain situations. Nevertheless, they change them willingly and bend the rules when the situations demand that be done. It has been thought to be due to their complicated language for the characters used are hard to understand unless one is born there.
The last dimension is a long-term and short-term orientation (LTO). Chinese are found to focus mainly on perseverance and persistence for they dedicate whichever time that can be needed for an objective to be achieved....
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