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Academic Journal of Business & Management, 2022, 4(18); doi: 10.25236/AJBM.2022.041817.

The Impact of Cultural Differences on Foreign Cooperation of Chinese Petroleum Companies ——Take Sinopec Zhongyuan Petroleum Engineering Company Saudi Arabia Company and Saudi Aramco as Examples

Author(s)

Xiaojing Wei

Corresponding Author:
Xiaojing Wei
Affiliation(s)

School of Foreign Languages, Southwest Petroleum University, Chengdu, Sichuan, China

Abstract

Under the new situation of the increasing trend of globalization of the world economy and the accelerated development of regional economic integration, the Chinese government has taken into account the overall situation of international and domestic development and put forward the the Belt and Road Initiative, which has an important strategic value in promoting economic cooperation and trade between China and countries along the route and creates a good opportunity for Chinese enterprises. With the accelerating process of economic globalization, cultural conflicts caused by cultural differences are becoming more and more common in the foreign cooperation of China's petroleum companies. To solve these problems, this paper starts from the cultural differences of China's petroleum companies, takes China and Saudi Arabia as examples, studies the cultural characteristics of the two countries, and focuses on the cultures of Zhongyuan Saudi Arabia Company and Saudi Aramco, analyzes the cultural differences between the two petroleum companies, and discovers the reasons affecting foreign cooperation according to the cultural differences, and explores how different national cultures and company cultures should better integrate with each other. 

Keywords

petroleum company; cultural differences; international cooperation

Cite This Paper

Xiaojing Wei. The Impact of Cultural Differences on Foreign Cooperation of Chinese Petroleum Companies ——Take Sinopec Zhongyuan Petroleum Engineering Company Saudi Arabia Company and Saudi Aramco as Examples. Academic Journal of Business & Management (2022) Vol. 4, Issue 18: 101-108. https://doi.org/10.25236/AJBM.2022.041817.

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