On Thursday, July 11, 2019 at 3:58:12 AM UTC-10, songbird wrote:
> U.S Janet B wrote:
> ...
> > It really isn't much clearer in the many articles out there.
> > Perhaps this:
> > https://www.vcstar.com/story/news/lo...on/1596810001/
>
> better at least. thanks.
>
> unfortunately this just goes to show that you
> really do want things spelled out in writing when
> it comes down to business arrangements...
>
>
> songbird

It's a cultural difference. Asians will spend a lot of time fostering relationships between business partners. Trust plays an important role in the Asian way of doing business. The concept of "face" is also important i.e., not making the people you deal with and yourself look bad. Doing business on a handshake requires a lot of trust on both sides. Mostly, Western businessmen do not trust each other.

https://multilingual.com/building-pr...ionships-asia/