What Do We Mean by ‘Trust’ in China?

April 22nd, 2009  by China Business Success Stories

What Do We Mean by 'Trust' in China?One of the foremost world authorities on trust is Francis Fukuyama of the Rand Corporation. In his definition he refers to trust as “the expectation that arises within a community of regular, honest and co-operative behaviour.” When he discusses the Chinese in a management sense, he says that Chinese have a more difficult time than Westerners to become professional managers because of their inclination to deeply trust only people related to…

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