What are the characteristics of Shanghai businessmen

The shrewdness of Shanghainese is well known. They won't give a cent of what they deserve. This makes Shanghai people always haggle over small interests. Shanghainese are all experts in business. They are knowledgeable and good at arguing. It's hard for people in Shanghai to earn money. A South Korean newspaper also said that "it is difficult for foreigners to take money out of the pockets of Shanghainese.".

Because they are too smart, Shanghai businessmen have a lot of insight in doing business. However, due to their shrewdness, most of the businessmen in Shanghai are very cautious, and they will pay attention to too many details. Before business negotiation, most of them have investigated and understood the market situation and the situation of the negotiating opponents in advance. Most of their negotiations were held after they were fully prepared. Therefore, when doing business with Shanghainese, they often argue over some minor issues for a long time, which makes people feel tired to do business with Shanghainese. Therefore, when doing business with Shanghainese, we must be very patient.