Question: Discuss how foreigners can create a guanxi network and its importance when doing business in China. How can foreign business professionals better understand guanxis implications

Discuss how foreigners can create a guanxi network and its importance when doing business in China.
How can foreign business professionals better understand guanxis implications and importance?
Why do nations trade?
What is a tariff and what is its purpose?
What international trade organization succeeded GATT, and what is its goal?
Describe joint ventures.
What is a global business strategy? What are its advantages?
What is a multi-domestic business strategy? What are its advantages

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