Doing business in China: The Guanxi way: Systematic assesment of relationship building in Chinese realm

Guanxi is considered to be the lifeblood of any Chinese business community which extends to politics as well as society. Many people in the world are aware of Guanxi but they are not very well aware of its source. This paper attempts to provide a conceptual framework with relation to interpreting systematic assessment of relationship building to succeed in a Chinese realm. It also helps in understanding what all are the core competencies for conducting business with mainland china along with the myths of doing business in China.