Energy sources: Gas

Energy sources: Gas

At the end of the 20th century, the most crucial gas production area was the Sichuan Basin. In 2003, the main problem of gas was competing with cheap coal and creating demand for it, but as early as in 2005, China had to raise the gas price to control its supply. In...
An introduction to China’s energy sector

An introduction to China’s energy sector

Energy started to play a key role in China in 1978 when its economy began to grow rapidly. In the following decades, the Middle Kingdom became one of the global superpowers. It is also important to note that achieving this position on the international stage led to...
Chinese business etiquette in a nutshell

Chinese business etiquette in a nutshell

Compared to many other countries, especially European and American, business in China is conducted in a much more formal way. Observing their etiquette and ceremonials gives a greater chance of establishing fruitful work relationships because Chinese business...
The Chinese style of negotiation

The Chinese style of negotiation

The Chinese style of negotiation and business talks is fundamentally different from the European, or more broadly, the Western style we know of. In China, many issues that seem irrelevant or certainly not of the highest rank to Europeans, are taken very seriously and...
The role of mianzi

The role of mianzi

Mianzi (面子), the significance of the face in Chinese culture   The concepts of honour, respect and reputation exist in every culture, but in China they have a crucial role in most social interactions, especially in the business world. The term mianzi promotes the...