This
paper explains that, with the death of Mao Zedong and the rise to power of Deng Xiaoping in 1978, China gradually
returned to the arena of world trade and commerce; market-oriented
reforms came into place, and economic decision-making was
decentralized so that China's output has increased fourfold, even though the communists still rule China. The author points out that many Chinese have gone to the U.S. for higher studies in the field of
technology and have returned to China, creating a future potential for greater facilitation of U.S.-China cooperation in the fields of science and technology. The paper relates that the Western world tends to communicate more explicitly, while the Chinese communicate more through implied meanings, or in a
manner that the meaning has to be inferred; the Western world has a more overt manner of expression of honesty, being more
transparent, while the Chinese are less transparent, tending to be subtle and nonverbal. Table of Contents Introduction The Political Environment Financial Environment Technological Environment Ethical Considerations Cultural Considerations Business Customs Conclusion
More summaries about the China