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their customers. They never quarrel in public, as this will cause disharmony and embarrassment. The businessmen cannot do anything that is against their faith and their business behavior must follow teachings of Buddha.

Buddhism teaches the importance of family ties. The Chinese, therefore, do their business together and spend money wisely, sending the reminder home to build their economy and help their elderly parents at home.

In an attempt to create harmony with the local society, as per the teachings of Buddhism, the Chinese business men in the town of Aveiro surveyed do not report the locals they find shop lifting to the police. This is to avoid damaging the relationship between themselves and the locals which is not good for business. Thus, from the good relationship created, their business thrive there from, by following the Buddhism teachings. Buddhism and Confucianism require perseverance and patience from the believers. The Chinese are very patient and polite in business.

Confucianism teaches trusting only insiders and not trusting outsiders. This makes the Chinese merchants trust their family members only. This makes them always leave one of their own to supervise the business if they are away, and not leave everything in the hands of the employees who are not their relatives. This is an intelligent move that helps avoid the temptations that an employee might get into. This eliminates the chances of fraud and misappropriation of money, which would make their businesses fail.

Conclusion

It is evident from above that religion has played a great role in development and growth of the Chinese economy. The modern religions such as Christianity and Islam have played their role in shaping the business environment, and peoples attitude, which has led, to thriving businesses and growth of the general economy. The oldest religions and cultures of Buddhism and Confucianism have played the greater role in shaping the Chinese whether at home or in other countries, which has ensured the Chinese economy continues to grow. It is without doubt, therefore, that china’s rich religious history has greatly contributed to it economic growth. Just as it is the world over, religion might not act directly to change the economy, but indirectly through changing the minds of the people, the economy changes.

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