Skip to content
PANDA CONCIERGEChina
PANDA CONCIERGEChina

Business

How to negotiate

Negotiations here run longer and more gently than you are used to, and hurrying them is a reliable way to get worse terms.

photo: a handshake after the negotiation

Pace

A first meeting often goes on getting acquainted rather than on terms. That is not wasted time but a necessary stage.

Decisions are not made at the table: the person opposite almost certainly has to clear them internally.

Bargaining

The first price is almost never final, but attacking it head-on works badly.

Terms usually move in exchange for something: volume, timing, a deposit, the length of the relationship.

Demanding a discount without offering anything in return reads as disrespect for the work.

Worth knowing

“That’s difficult”, “we’ll look into it”, “perhaps later” are the polite form of no. You will most likely never hear a direct refusal.

Tip

Do not corner your counterpart into admitting a mistake in front of their own people. The chance to save face often matters more than the concession itself.

Checked: 26 August 2026

Editor: The PANDA editorial team

What you can hand to PANDA

Sources

Didn’t find the guide you needed?

Describe it in your own words — a concierge will reply and take you through it step by step.