guanxi - China Business Knowledge

Is Guanxi Still Everything When Doing Business in China?

Entrepreneurship

Ahlstrom, David（區大衛） • 30 June 2022 • 8 mins read

Research finds that traditional guanxi-style connection-building is no longer the main key to success when doing business in China, and a new generation of Chinese entrepreneurs form business ties based on reputation and capabilities

Does Guanxi Among Auditors Defeat the Purpose of Auditor Rotation?

Corporate Governance

Wu, Donghui（吳東輝） • 17 February 2022 • 6 mins read

The purpose of mandatory auditor rotation is to prevent accounting fraud but the close connections between incoming and outgoing auditors raise questions on the effectiveness of the practice in China