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Red Dragon Enterprises:

Red Dragon Enterprises:
A failing Chinese joint venture

1. Trust is very important thing doing business in China. A very good example of it is Rex's contract with Tsang. In this country entire relationship should be based upon trust and a contract only represents "paper trust" which is meaningless. People in China do not want to recognize a formal agreement. They don't like contracts and business relationships in China are based on trust and "face" more than legal documents. It is not good, because a low is very important thing in all the world. And signing contract without a paper and just with "trust" is like contradictions of business rules.
Other interesting aspects of Chinese culture are their belief and religiousness. For example, when Tsang visited a fortuneteller and asked her about joint venture's success or his belief in the meanings of names. He also thought that anything else would "encourage evil spirits" like the name of Red Dragon Enterprises.
Chinese......


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Approximate Word Count: 983
Approximate Pages: 4 (250 words per double-spaced page)

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