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Chinese banquests: 10 etiquette rules

Chinese Banquest

Work and social life tend to remain separate in the West, whereas much of a Chinese person’s social life will be used to further personal and business relationships. In China, some three-quarters of business deals are sealed outside of working hours. Tea houses, Karaoke bars and restaurants can all be locations where discussions and deals are made. Read More »

Keys to doing business in Angola

business in Angola

by Rafael de León* Angola has become one of the most interesting countries to do business in sub-Saharan Africa. Only 12 years ago, on February 22, 2002 , the assassination of Jonas Savimbi (Leader of UNITA, main opposition party) put an end to 27 years of civil war in Angola , ensuring the long-awaited peace and leaving a country in ... Read More »

Keys to doing business in the Baltic countries

By José María Rodriguez Clemente* The Baltic Countries were not just the first European economies to recover from the crisis of 2009 (their GDP began to grow already in the 3rd quarter of that year), but they also lead the ranking of growth in the European Union now.  Moreover, they are still net beneficiaries of the structural funds assigned for the ... Read More »

Contract Manufacturing in China

  Contract Manufacturing in China is a decision taken by thousands of companies in recent years. China has become the “factory of the world”. Hundreds of thousands of foreign companies have decided to move production to China and hire local companies that manufacture all kinds of products, at competitive prices, which are then sold on world markets. The relationships between the ... Read More »

Business Culture in China: 10 Elements

  If the Shanghai Skyline, the disappearance of bicycles in the big cities or the success of luxury brands can make us believe that China has been transformed into the most important capitalist market in the world, reality is that, from a cultural viewpoint, there exist some values proceeding from a millennial culture, with strong rural roots, which mark deep ... Read More »

Keys to negotiate in Brazil

  Brazil is the third emerging economy, after China and India, and the largest market in Latin America (about 40% of total). Here are some keys to negotiating with Brazilian companies: In the initial interviews Brazilians do not give many details and may even give confusing information; they expect the other party to do the same until some degree of ... Read More »