China and its global economy

Transcript

1. GLOBAL BUSINESS
   CHINA AND ITS GLOBAL ECONOMY
   

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2. READING REVIEW - WHAT YOU SHOULD ALREADY KNOW…
   CHALLENGES IN WESTERN-CHINESE BUSINESS RELATIONSHIPS: THE CHINESE PERSPECTIVE
   ▸ The ideals of sinocentrism, modesty, long-term orientation, guanxi, in/out
   group, and high-context culture
   ▸ The differences that do not coexist between China and Western culture, such
   as modesty and in/out group orientation. Practices coexist.
   

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3. READING REVIEW - WHAT YOU SHOULD ALREADY KNOW…
   PARADOXES OF CHINA’S ECONOMIC BOOM
   ▸ Discuss how that even though China was behind during the Industrial
   revolution, they caught up after the 1960’s and 1970’s with the open door
   policy that was instituted.
   ▸ China uses “step-by-step” economic changing instead of “big bang” economic
   changing.
   ▸ Japan fought Western influence and was more successful.
   ▸ Odd thing about China is that they are growing despite sanctions and financial
   crisis. Have recently passed up U.S. as the number one economy.
   

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6. GUANXI
   THE ART OF DEALING WITH CHINESE BUSINESSMEN
   

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7. A CROSS CULTURAL MEETING
   CAN YOU CLOSE THE DEAL?
   ( CLICK TO START TIMER )
   

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8. IT IS VERY DIFFICULT FOR WESTERN
   BUSINESSMEN TO ESTABLISH GUANXI, DUE TO
   PERCEIVED CULTURAL DIFFERENCES, AND
   DISTINCT BUSINESS PRACTICES.
   PROBLEM SOLVING
   

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9. PROBLEM SOLVING
   ADDRESSING AN ISSUE - A CLASS ON CHINESE BUSINESS INTERACTION
   ▸ Create a class here on SDSU campus that is designated to help International
   Business students learn how to facilitate a meeting like you just experienced,
   and plus other interactions and laws about conducting business in China.
   ▸ It would be a two part class. Where during the first part, students travel to
   China in the Summer, as a group with their Professor. With the goal of
   providing the students with an opportunity for full cultural immersion.
   

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10. PROBLEM SOLVING
    ADDRESSING AN ISSUE - A CLASS ON CHINESE BUSINESS INTERACTION
    ▸ The Second part of the course would involve guest speakers, workshops; immersive activities and
    assignments which allows students to showcase and apply what they learned during their trip to China.
    ▸ Chris’ dad has experience working in Asian countries for business and he could be of valuable
    assistance to the learning process. The class would work closely with the Aztec Mentorship Program,
    who could help the students in the class have access to mentors who have conducted business in
    China.
    ▸ A useful professor for this class would be SDSU’s very own Dr. Todd Myers, an Economics professor who
    also teaches an Asian State and Society course. He would be a great candidate because of his
    knowledge of the American markets and communication, and the Asian societies.
    ▸ There would be a sister program in China: at Yale University in Beijing, which could serve as a school to
    Study Abroad in.
    

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11. PROBLEM SOLVING
    ADDRESSING AN ISSUE - A CLASS ON CHINESE BUSINESS INTERACTION
    ▸ We would work closely with Dr. Sinclair and the other Honors College Faculty
    to develop the curriculum for the Course. We would also collaborate with
    faculty members from the College of Business, the International Student
    Center, and the aforementioned on-campus organizations.
    ▸ This course not only provides students with an High-Impact experience, but it
    also invokes global citizen ship, and fulfills the Honors Minor requirement to
    partake in a credit-bearing international experience. It also offers credit
    towards the Honors Minor.
    

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12. PROBLEM SOLVING
    ADDRESSING AN ISSUE - A CLASS ON CHINESE BUSINESS INTERACTION
    ▸ We will judge the success of our class based on whether or not students who
    have participated in the class are able to successfully bridge the gap between
    Chinese and Western global businesses by conducting a mock business deal
    between Chinese Exchange Students and American Exchange students.
    ▸ There is an immense amount of logistics that needs to be taken care of, as well
    as the monetary and cultural issues. Cross cultural communication may also
    lead to delays.
    

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13. LOOKING BACK
    WHAT HAVE WE LEARNED?
    ▸ We have a deeper understanding of the
    intercultural relationships
    ▸ We also have learned how to properly interface
    with Chinese and other Asian markets.
    

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