The Chinese offer an interesting study when we talk about business. For one thing, China as a nation has made a name in the realm of arts and cultures- surpassing in this respect many other nations of the world. For another, the Chinese are one of the most numerous alien residents in the world. They are practically everywhere. The Chinese, over the centuries, have ascended in the realm of business and finance. Indeed, the Chinese acquired an important position in the trade and commerce of some countries and have become pillars of economic structure. These lead us to ask why. The following views, from the book The Chinese in Manila, have been given as possible reasons:

1. The Chinese retailers work harder and stay on their n their jobs longer

china man

hours.

2. The Chinese retailers observe only the New Year’s Day and one holiday a year (The Double Tenth)

3. The Chinese retailers are more patient, more enduring, more self-sacrificing.

4. The Chinese retailers are more adopt in pleasing customers.

5. The Chinese retailers are more frugal, less luxury-loving, and more hardy.

6. The Chinese retailers are willing to receive less profit per sale.

7. The Chinese retailers have more business experience.

8. The Chinese retailers have a lower standard of living.

9. The Chinese retailers are more entrenched behind an air-tight system of financing and credit, cooperative purchasing, an interlocking ownership. 10. inese retailers have more business experience.

8. The Chinese retailers have a lower standard of living.

9. The Chinese retailers are more entrenched behind an air-tight system of financing and credit, cooperative purchasing, an interlocking ownership.

10. The Chinese retailers receive more preferential treatment from big importers, who are usually Chinese themselves, thereby enabling them to obtain merchandise at very much lower prices.

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