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Assimilating Chinese and Western Cultures at Hainan Airlines (HNA)

Yong Su and Lanjian Chen
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Yong Su: Fudan University
Lanjian Chen: Yunnan Univeristy

Chapter Chapter 7 in Modern Oriental Corporate Culture, 2014, pp 81-96 from Springer

Abstract: Abstract “Dear Sirs, I’d like to tell you a story of an aircraft company. How can I grow up my company with just one million dollars?” It was 1994, and a certain young Chinese man was presenting his start-up in self-taught and non-standard English to an investment manager at the Quantum Fund. At the time, his company was worth a mere one million dollars. The confidence of the young man thus surely attracted the interest of the investment fund manager. “Where is this aircraft company of yours?” asked the fund manager. “Let me consult a map,” said the young Chinese man. “Shall we look at Vietnam, where America was defeated before? Do you see the reason why you lost the Vietnam War then? Because men who wear shoes always fail to beat men who are barefoot. It has been thus throughout history. Yet it is on an island near Vietnam that my company is located”. His remark drew laughter from the Americans present.

Keywords: Mutual Fund; Traditional Culture; Chinese Culture; Corporate Culture; Flight Attendant (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-35214-0_7

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DOI: 10.1007/978-3-642-35214-0_7

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