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International Accounting

    The Chinese open-door policy in the past decade has greatly improved the growing trend of global integration of international business. Undoubtedly, the most dramatic changes have taken place in China. On the other hand, as a new member of the WTO, many Western businesses are considering Chinese markets more opportunities and hoping to exploit this vast potential. Chinese society, however, differs (tremendously) from Western societies in terms of cultural and social developments. It is very necessary for people who are interested in China or want (intend) to be (achieve) success in China to require an understanding (attain understandings) of its (the) unique Chinese culture. Chinese culture based on Confucianism. Confucius (551-479 B.C.), Chinese thinker, educator, politician and founding father of the Confucius' paradigm, has influenced the Chinese society and shaped the mainstream of Chinese cultural values for 2500 years. Its influence penetrated into all fields, from court politics to the everyday life of the ordinary people. Therefore, comparing Confucianism with Western culture helps people understand Chinese culture. Confucianism stresses the social structure of the society based on a hierarchical order. China has

Approximate Word count = 838
Approximate Pages = 3 (250 words per page double spaced)

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