'Guanxi' in Chinese, Blat in Russian, Wasta in MidEastern; different names in different culture but all mean the same - importance of good relationship, network and contacts to ensure success in any business especially in China region.
Guanxi, An Important Chinese Business Element
“Guanxi” literally means "relationships", stands for any type of relationship. In the Chinese business world, however, it is also understood as the network of relationships among various parties that cooperate together and support one another. The Chinese businessmen mentality is very much one of "You scratch my back, I’ll scratch yours." In essence, this boils down to exchanging favors, which are expected to be done regularly and voluntarily. Therefore, it is an important concept to understand if one is to function effectively in Chinese society.
I am not a Chinese, but I extremely admire this notion of Guanxi. It is fascinating for me. Although I am not born in Hong Kong, I strongly believe that all of us: like minded people out there can collaborate and create a mutual "win-win" Guanxi Network.
I know there are may locals as well as expats out there who may agree with me but wondering where to start from like how I was. Here were are... lets team up.... Bond with each other, Help each other, Achieve collectively and Succeed eventually.
Let us form a new form of Guanxi/Blat/Wasta Group .... name it BHAS (Bond, Help, Achieve, and Succeed)..
Lets meet up, enjoy coffee and start building relationship....