When Deng Feng and Michael Yu drove the BMW out of the test area, they had an accident and almost destroyed the car.
Yu is currently Chairman of New Oriental – one of China’s largest educational groups.
They became friends through joining this club.
Having good relationships will help do business in China smoothly.
Having good relationships means having a wide acquaintance with people who can help each other.
Yu said that because of that, the number of CEC members is very limited.
`We have many times when we have to support each other, like when a member is in trouble, the whole club will stand behind him, helping him overcome difficult times,` said Charles Chao – a CEC member
Of course, helping is reciprocal.
For people in the West, who are used to doing business through regular meetings and sometimes do not know each other before, this `reciprocity is the only way to satisfy each other` way of doing business may not seem very right.
However, according to Deng, the view that this activity is negative, associated with corruption, is wrong.
Although the relationship is often abusive, it only takes shape if it is associated with illegal activities, such as bribery.
Business leaders say frankly that this is impossible.
According to Kent Deng – Professor at the London School of Economics, `relations` have been rooted in Chinese history for a long time.
However, this way of doing business is gradually changing, as Chinese companies gradually focus on the global market.
`This is the great thing about the Internet. You can contact many people, without knowing their names, but still sell products and services to them,` Yang said.
