Meaning of GUANXI in English


Meaning "personal connections" in Mandarin, guanxi is an informal mechanism of exchange and co-ordination between individuals rather than institutions in China. This unofficial mechanism of exchange includes everything ranging from goods and services to information in return for mutually beneficial favours, introductions and services, often in the form of invitations and gifts.

UNODC Money-Laundering terms English dictionary.      Английский словарь терминов управления ООН по отмыванию денег, преступности и наркотикам.