The extraordinary growth of the Chinese economy since 1980 has revolutionised what we had previously understood about industrialisation and economic growth. This has not been by chance, and I am not alone in thinking that their culture and the influence of Confucianism has played a large role in their story.
Having recently submitted a research paper on the Chinese economy, I have had the pleasure of investigating and reading extensively about the characteristics of Chinese culture and its current effects on global business culture. As Confucius said;
“If I am walking with two other men, each of them will serve as my teacher. I will pick out the good points of the one and imitate them and the bad points of the other and correct them in myself.” Confucius
Bearing these wise words in mind, I have drawn up what I believe are 5 characteristics of Chinese business ideology that I feel would be useful for imitation: