GUANXI
Chinese term meaning connections or networks. Understandably, it is a network of relationships created to give assistance and cooperation among the parties involved in doing business in China. As per the Los Angeles Chinese Learning Center, by getting the right guanxi, organizations reduce the frustrations, risks, and disappointments in running a business.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 03:30 | CPI | May | |
| 03:30 | PPI | May | |
| 05:03 | Trade Balance | May | |
| 07:00 | Economy Watchers Survey | May | |
| 16:00 | Wholesale Inventories | Apr | |
| 01:01 | BRC Retail Sales Monitor | May | |
| 01:50 | M2 Money Supply + CD | May | |
| 02:30 | Westpac Consumer Sentiment | Jun | |
| 03:30 | NAB Business Confidence | May |
