Business
Business Practices in China
If you are planning to extend your business to the People’s Republic of China (PRC), you should be well acquainted with its people, culture, etiquette, and patriotism. Here are a few tips on business etiquette in China.
People And Culture
China is unique in its culture and tradition. So, when traveling, it is important to adapt to the country’s way of life, its people, and embrace whatever it has to offer.
- Modesty: People of China are extremely shy. Public displays of affection or even being forthcoming are never done here. However, it is common to see people of the same sex holding hands. They are not considered as a couple, rather just good friends.
- Patience: Making decisions that would not take much time elsewhere, may just take a while in China. The people here are concerned about making everybody feel happy and comfortable with a decision, which does require a lot of patience.
- Face value: The Chinese never like to “lose face.” In other words, if a Chinese person is humiliated in public, a fight may just break out.
- Humor: When it comes to humor, the Chinese are at the top of their game. However, humor related to sex or politics must be avoided.
- Hierarchy: Chinese people are particular about hierarchy and this is especially true in business dealings. Keep in mind positions held by your Chinese associates, and always remember to show respect if you are lower in position, business-wise.
While traveling, in many parts of China, especially the underdeveloped areas, be prepared to be “looked at.” As far as capturing China on camera is concerned, it is polite to get the consent of people when taking their photograph.
Dining Etiquette
Dining etiquette of the Chinese can make you feel a little uneasy at first, but once you understand their way of doing things, enjoying Chinese cuisine can be a lot of fun.
Take a note of the following:
- Lunch and dinner at restaurants can be quite noisy, and smoking cigarettes is allowed at the table. Over time, you will get accustomed to it.
- Knives are absent from the table. You will find chopsticks, soup spoons and bowls. While using the chopsticks, it is recommended that you do not point them in the direction of a person, nor should you keep them standing tall in the rice bowl. Such a gesture is an indicator of incense that is burned at funerals.
- The meat of pork, poultry or fish is prepared such that it is extremely tender, and becomes easy to remove from its bones with chopsticks.
- Serving yourself from a communal plate should be done with a clean spoon or with the end of the chopstick that does not go into your mouth.
- As a guest at a meal, be prepared for surprises. You may notice that your host has ordered much more food than you can consume. This is only to “save face.” Another way of showing hospitality is by serving you, even though you have not asked to be served.
- According to Chinese custom, it is the host that pays for the meal. This excludes a get-together of friends. However, it is polite to always offer to pay. It is not uncommon to find two people quarrelling to pay after a meal.
- If you are invited for a meal, be prepared to be served as you are the “honored guest.” You should do the same if you have invited your Chinese guest over for a meal.
- Using chopsticks is sheer delight to your Chinese host. However, if you are not comfortable using them, stick to the cutlery on the table if there is any.
- It is recommended never to begin a meal while speaking on matters related to business. Allow your Chinese associate to bring up the subject. Talking about the country’s weather, landmarks, places of interest, your previous tours, art, and music, as well as making compliments about the food and ambience of the restaurant are topics to discuss about prior to the subject of business. Using terms like “Red China” or “Mainland China” should also be avoided.
Tipping
Tipping used to be an illegal practice prior to the 1980s. Now, things have drastically changed. Drivers, tour guides, and in hotels the bellboys and housekeeping staff do expect a tip for their good service. However, in local restaurants it is not customary to give a tip as the bill already includes a service charge of 10 to 15%.
Dress Code
When attending a meeting, men should be dressed in a suit and tie. Avoid bright and colorful ties. Loud, vivid colors indicate your disrespect for your associates. Tuxedos are unheard of in China.
Women should avoid low necklines and stick to muted colors like white, tan and brown. Flat shoes fit well for business meetings, while high heels are ideal for a formal gathering.
In terms of casual wear, jeans are acceptable for both men and women in a casual space. However, shorts should be avoided unless you are exercising.
Business Card Etiquette
While presenting your business card, remember to use both hands and bow forward slightly. Ensure that your card is also printed in Chinese, with your job title printed in the front. This implies your eagerness to carry out business dealings in China.
Giving Gifts
Presenting gifts to your Chinese business associates is customary and should not be taken lightly. Here are a few tips on gift giving:
- Purchase gifts before entering the country, so as to not forget anybody.
- Present the gift in front of everyone and ensure that the receiver knows it is from the company and not from you.
- Avoid taking a photograph while presenting a gift.
- You also need to keep in mind the type of gift being given, as per hierarchy.
- The value of gifts should be moderate as anything above would lead to the suggestion of corruption.
- Items like white flowers, umbrellas, handkerchiefs, knives, scissors and clocks should not be given as gifts as these are considered unlucky.
- A pair of anything, which is an indicator of harmony, crafts or handiwork from your country or a pen, is something to consider as a gift.
- Gifts should not be wrapped in black, white or blue paper as these are related to funerals. Yellow wrappings with black writings are a symbol of death, so this should also be avoided.
- Gold, silver and red are lucky colors.
Communication
While communicating with your Chinese business associates, keep in mind the following:
Do Not Jump In: After you have asked a question, wait for your associate to answer. He or she may take some time. You need not fill in the gap of silence.
Do Not Bow: Bowing is an age-old tradition and is not practiced these days.
Have Your Own Interpreter: Having a private interpreter is advantageous, as you will get to know about the mistranslations or what you missed after a meeting.
Addressing Etiquette: When addressing your Chinese associate, you need to do so by calling them “Mr., Miss, or Madam” followed by their last name. When introducing themselves, their last name is usually presented first. Getting the correct pronunciation is also important. Slang and jargon should be simply ruled out while in a business meeting.
Do Not Say “No”: Saying “no” to your business associate is considered rude. It is better to say “maybe.”
Business
Democrat Claims Musk is Undermining Spending Bill Due to China Restrictions – The Hill
A Democrat claims Elon Musk influenced the reduction of a spending bill due to its restrictions on China, suggesting his actions impacted the legislation’s progress and funding allocation.
Allegations Against Musk
A prominent Democrat has accused Elon Musk of deliberately sabotaging a significant spending bill in response to China-related restrictions. This accusation comes amid ongoing tensions between the U.S. and China, particularly regarding technology and trade policies. The claims suggest that Musk’s influence is affecting critical legislative processes, raising concerns among lawmakers about foreign influence in American politics.
Implications for Legislation
The potential ramifications of Musk’s alleged actions could be significant. As a major player in the tech industry, his decisions can sway public opinion and impact the economy. Lawmakers fear that if influential figures like Musk oppose necessary legislation, it might hinder efforts to address vital issues such as national security and economic stability.
Political Reactions
The controversy has sparked debates among both Democrats and Republicans, highlighting the intersection of technology and politics. Many are demanding greater transparency and accountability from tech giants. As the situation unfolds, lawmakers may need to reassess their strategies to ensure that essential legislation moves forward uninterrupted.
Source : Democrat accuses Musk of tanking spending bill over China restrictions – The Hill
Business
HSBC Chairman to Head Key UK Business Delegation to China
HSBC Chairman Mark Tucker will lead a UK business delegation to China next month to boost trade and investment, amid concerns over national security and improving UK-China relations.
HSBC Chairman Leads UK Delegation to China
HSBC Chairman Mark Tucker will lead a pivotal British business delegation to China next month, marking the first significant visit since 2018. The trip aims to enhance Chinese investment in the UK, guided by Chancellor Rachel Reeves. Tucker, a seasoned financier with extensive Asia experience, is regarded as essential in resetting UK-China relations.
Reviving Economic Dialogue
Tucker will accompany senior bankers in seeking to rejuvenate trade, specifically focusing on financial services. Although there are apprehensions among some UK lawmakers regarding national security threats posed by closer ties to Beijing, the UK Treasury spokesperson confirmed Chancellor Reeves’ upcoming discussions on economic cooperation in Beijing.
A Shift in UK-China Relations
Since suspending most dialogues following China’s imposition of a national security law in Hong Kong, UK-China relations have soured. Nevertheless, the Labour government is prioritizing improved ties with China, emphasizing investment opportunities. Reeves asserts the necessity of a pragmatic approach to benefitting national interests amid ongoing concerns voiced by some lawmakers about security risks.
Source : HSBC Chairman to lead pivotal UK business delegation to China
Business
Gordonstoun Severs Connections with Business Led by Individual Accused of Espionage for China
Gordonstoun school severed ties with Hampton Group over espionage allegations against chairman Yang Tengbo. He denies involvement and claims to be a victim of political tensions between the UK and China.
Allegations Lead to School’s Decision
Gordonstoun School in Moray has cut ties with Hampton Group International after serious allegations surfaced regarding its chairman, Yang Tengbo, who is accused of being a spy for the Chinese government. Known by the alias "H6," Mr. Tengbo was involved in a deal that aimed to establish five new schools in China affiliated with Gordonstoun. However, the recent allegations compelled the school to terminate their agreement.
Public Denial and Legal Action
In response to the spying claims, Mr. Tengbo publicly revealed his identity, asserting that he has committed no wrongdoing. A close associate of Prince Andrew and a former Gordonstoun student himself, Mr. Tengbo has strenuously denied the accusations, stating that he is a target of the escalating tensions between the UK and China. He has claimed that his mistreatment is politically motivated.
Immigration Challenges and Legal Responses
Yang Tengbo, also known as Chris Yang, has faced additional challenges regarding his immigration status in the UK. After losing an appeal against a ban enacted last year, he reiterated his innocence, condemning media speculation while emphasizing his commitment to clear his name. Gordonstoun, on its part, stated its inability to divulge further details due to legal constraints.
Source : Gordonstoun cuts ties with business chaired by man accused of spying for China