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| Definition Of: |
Guanxi
Meaning "personal connections" in Mandarin, guanxi is an informal mechanism of exchange and co-ordination between individuals rather than institutions in China. This unofficial mechanism of exchange includes everything ranging from goods and services to information in return for mutually beneficial favours, introductions and services, often in the form of invitations and gifts.
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Banking INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 A: Page 1 of 3.
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