A Chinese term that means “goodwill.” A person accumulates Quanxi by networking with people, doing favors for associates, and performing well in their business relationships. Quanxi can be thought of as a “savings account of goodwill” accumulated from all of your business relationships. When a favor or introduction is needed, you can spend some of your Quanxi to accomplish what you need. Quanxi is a valuable asset that needs to be protected.