StockGuru Blog: Telecom Communications, Inc. – Guanxi, The Art of Doing Business of China — TCOM Has Got IT!
TCOM - Stock Guru Profile — OTCBB:TCOM Doing business in China is an entirely different story. Guanxi [pronounced GUAN-SHEE) is the art of relationship development and in China guanxi matter or understanding the etiquette of business in China is crucial. Telecom Communications has got the “right stuff” to do business in China or as they say in China, “the guanxi.” Their most recent $5.4 million contract is proof positive that they are building strong relationships. Telecom’s subsidiary, Guangzhou TCOM Computer Technology Limited (GTCT) won a $5.4 million contract to integrate a networked computing solution as part of an overall highly-interactive…