Chinese Business Culture - Tiong Hua

Business Strategy Group designs business strategies grounded in comprehensive research on economic and political factors specific to China’s

The economic activities and wealth of the Chinese community in Indonesia is very diverse; many are labourers and small-scale merchants, and others are businessmen. Most are identified as ethnic Chinese in official documents, but many are not, for a variety of reasons. In many parts of Indonesia, however, they are represented among the wealthier classes out of proportion with their small numbers.

According to a survey of corporations listed on the Jakarta Stock Exchange, the Chinese Indonesian community was thought to own or operate a large fraction of major Indonesian corporations. This is a result of a long government restriction for Chinese Indonesians from going into academia, public service, and other governmental occupations.

Some, however, believe that this overestimates the influence of Chinese Indonesians on the economy: for example, despite being considered to be under control of Chinese Indonesians in research, the Salim Group is actually controlled by Liem Sioe Liong, two pribumi relatives of then President Suharto, and Ibrahim Risaid, an Acehnese associate of one of Suharto's cousins.

Such simplifications fuel the stereotype that Chinese Indonesian people are extremely wealthy, a common perception in Indonesian society. In part, as a result of this perceived dominance of the economy, the Chinese Indonesian community has frequently been viewed with suspicion by indigenous (Pribumi) Indonesians.
Developing and implementing a successful business strategy for this Chinese market requires an accurate, pragmatic understanding of both the risks. Chinese Business Culture and Guanxi. That is why the correct "Guanxi" is so vital to any successful business strategy in China. China and Japan's relations have taken a turn for the worse over China's intention to explore in the Chunxiao field in the East China Sea between China

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