Doing Business In Year Of The Dragon

Monday marks the start Year of the Dragon in the Asian lunar calendar.

The dragon is traditionally considered a sign of good luck.

So millions of people in China, Korea and many other places are hoping for a really good year.

So, if you do business with anyone in China, you might want to keep that in mind.

Another business tip comes from Martin Fridson, a contributor to Forbes who’s been writing about some of the most common misconceptions western business people might have when dealing with their Chinese counterparts.

One example he mentions is the myth about the Chinese character for crisis which many Westerners believe is a combination of the characters for danger and opportunity.

Not so, says Fridson.