Alibaba’s Jack Ma is propagating the new testament of business in China saying that the age of shady relationships, referred to as “guanxi” (关系) in China, is over.

“Today’s China, today’s age, this is the optimal age for doing business,” said Ma (in Chinese) during the recently held 4th World Zhejiang Entrepreneur Convention. Talking about the new circumstances defining this age, Ma said that in order to be an entrepreneur today there is no need to bribe anyone or get things done through “inexplicable relationships.”

The reason behind this is the shining example of China’s government:

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Masha Borak

Masha Borak is a technology reporter based in Beijing. Write to her at masha.borak [at] technode.com. Pitches with the word "disruptive" will be ignored. Read a good book - learn some more adjectives.