Firstly the development of TNC’s in countries. Tesco is a major TNC and in 2004, its first stores opened in China. This would bring lots of investment into China which would create many jobs, and access to new technology. Overall TNC’s would increase countries GDP. Also China is a NIC (newly industrialised country).
FedEx had high stock prices because they had a larger presence in China then UPS did. FedEx was more innovative and catered to more cities in China, also offering more weekly flights then
The banks are under-capitalized in their inadequate financial system and this increases China’s banking sector risk (IHS, 2014). Opportunities include the growth of cities within the country. Approximately “100 million [individuals are] expected to move into cities by 2020” (National Post, 2014). China’s continuous growth in the private sector and increase liberalization will result in further innovation and local brand name companies. (China Business Forecast, 2014).
With less space each year for landfills and rubbish tips, the process of disposing of rubbish which is not recycled is increasingly being moved overseas to countries like China. Although this may be seen as creating jobs, it is having a major effect on people’s health and the environment. Beijing’s concentration of PM 2.5 particles – those small enough to penetrate deep into the lungs and enter the bloodstream are dramatically rising. The World Health Organization recommends a safe level of 25 micrograms per cubic metre, earlier this year this level rose to 505 micrograms”. (http://www.theguardian.com/world/2014/feb/25/china-toxic-air-pollution-nuclear-winter-scientists Jonathan Kaiman, The Guardian,
Although there are many similarities between the development of Chicago and Chongqing, the speed and scale of Chongqing’s development is unprecedented and puts it in a class of its own. Chongqing is growing eight times as fast as Chicago had, averaging three hundred thousand new people a year. These citizens migrate to cities like Chongqing mainly for employment. In China, there is a massive pool of labor that will work for very low wages, as many Chinese individuals are used to surviving on less than two dollars a day. Combine inexpensive labor with modern factory technology, and one may understand the reason for huge investments in city expansion projects and infrastructure, and perhaps the Chinese competitive advantage.
In terms of the external environment of luxury goods industry, the world’s most well-to-do consumers spent more than 224 billion dollars on luxury goods in 2010, U.S. represented 30 percent of industry sales. Luxury goods market is a huge market for Coach. Besides, The global luxury goods retail market was significantly affected by the economic slowdown and financial crisis of 2007-2009 as consumers in most income categories cut back on discretionary purchase. However some emerging market especially China and India become a key growth in driver for luxury goods industry. Chinese government uses open-door policy and economic reform.
In recent years, Australia’s population has increased significantly due to immigration. The growth rate of its population was 2.1% in 2010, which is higher than that of in China, US and Canada. It is predicted to reach 36 million in 2050. However, both positive and negative impacts come into being because of ‘Big Australia’. It impacts on environmental, social and economical issues in Australia.
For instance, Canada’s four main emerging products could be associated to with different sections of the Chinese economy ranging from ores to manufacturing, from wood to residential construction and from vegetable oil and seeds to domestic consumer consumption. In 2012, 31 percent of Canada’s ores were exported to China, making China its biggest customer for ores. Furthermore, export of wood and oil seeds increased by 74 percent and 167 percent respectively, in 2012. As China’s demand for more sophisticated products increases, Canadian exporters will have a unique opportunity to capitalize on this by providing more services related to their products. Although there is shift in China’s economic policies, its massive domestic market will
Ethical Egoism and Social Contract Theory By Juile Yeung During the Spring Festival, large and small urban roads are blocked crowded, if a tourist attraction or a bustling city, the problem of traffic congestion is more serious, usually half an hour drive by car, but now, it takes a couple of hours, If you do not the big issue is governance, the future development of Chinese cities, is bound to be subject to traffic chaos. As we knew, the population in China is huge. So basically the transportation in China is kind of massy up. China's large population, the total amount of car ownership is also rapid growth. China's big cities, the increase of population and vehicles, are one of the reasons that led to the traffic congestion.
Introduction Culture can be defined as a set of shared beliefs that a group of people practice. Every nation across the world has a culture that can best be used to describe them. China has a population of more than 1.5 billion people with a strong culture that stretches for over 4000 years. The Chinese transformation in to the fastest growing economy of at an annual rate of about 10% has brought the country into much international focus. The country has the second largest economy in the world and is also ranked second behind the United States for the recipient of Foreign Direct Investment, FDI.