guanxi

A CPC member knows the situation is bunk and is just in it for the guanxi; they don't even want a debate.

In many Western countries (not to mention guanxi), it's the accepted means of doing business.

Unless you have some serious guanxi, it will take a few years for your number to come up.

They are very good at being a transparent government, but guanxi is still needed to get things done.

Since Kaifu Lee become the head of Google China, Google pulls tons of money to maintain government guanxi.

My Chinese friend says that the reason there isn't a startup culture in China can easily be explained by guanxi.

The advent of low trust societies that doesn't rely on guanxi, but on merit can be a boon rather than a detriment.

Rooting out corruption and nepotism (under the guise of guanxi) is key to that.

This is the entire reason guanxi /relationships are such a big deal in China.

Only because the shanghai stock exchange is mostly insider trading and at least in the property market, you might win without that much guanxi.

If you don't have local contacts, consider finding a local broker to do the hard work on your behalf, and negotiate Chinese/Chinese (See Guanxi above).

Also, as a normal person without guanxi, you can't really get access to the sure bet industrial investments, and participating in shadow lending is very risky.

Look at guanxi in China, social societies like the Freemasons (not in a "control the world" way, just better business contacts, etc.).

On another note, the problem of "guanxi" extends to the microlending arena.

So what is, in your opinion, the percentage of earnings an average Chinese spends on maintaining/extending his "Guanxi" and on supporting his parents/presents for relatives?

Another magic word to Google is "Guanxi," the Chinese version of "networking" in the old-school social sense, but more...intense.

Guanxi (from the writeup) for anyone who is wondering is the Chinese concept of one's social status and influence within your personal and cultural network.