What advantages would China offer foreign companies to list on its exchanges? Are these advantages greater than the disadvantages? Explain. The world has seen China's enormous potential and companies do not want to miss out an opportunity for future growth. China's strong and effective state machinery has been modernized and effective tool for mobilizing resources.
Had China done otherwise, it would not have achieved its rapid economic development and profound improvement in the living standards of the Chinese people. China should continue to make development its top priority and stand firmly for peace and development, not only in China, but in the world at large. Second, Deng insisted that China should never seek hegemony. This policy of seeking no hegemony is still guiding China today. Even though China has become the second-largest economy in the world, and is expected to surpass the United States as the largest economy, possibly this decade, it does not seek hegemony or expansion.
While China have been doing this the countries In the Middle East with the oil have been trying to shift away from having a customer base from over dependence on the Western market and so they have been looking at rapidly growing markets like China. Another example of how a good relationship leafs to a good supply of energy is the case of the US and Saudi Arabia. They had a symbiotic relationship, meaning that they depended on each other, but in the aftermath of 9/11 their relationship has become increasingly strained. This is because 15 out of the 19 hijackers were of Saudi nationality. However, they need to have a good relationship so they can both survive as Saudi Arabia need the money from exporting and the US need the energy.
• It’s a very competitive industry. Every company (UPS, FedEx, USPS) mimics the other company’s service and promotions. There is a lot of potential market for both companies because of China’s industrial, economic, export and import advantages. Especially after the agreement between China and U.S was reached. Therefore their competitive prospects are very strong.
Thus, companies can and do successfully use self-expressive and individualistic marketing messages even within China. Thus, when promoting products in a collectivist country such as China, marketers will often have to position the product as a path to acceptance in an in-group. b) Explain other factors that might be driving the desire for luxury in China. As China’s prevalence in the global economy grows, the average earnings of Chinese workers are also increasing. Chinese workers have seen double-digit growth in their earnings in recent years.
QUESTION: CRTICALLY EVALUATE THE IMPACT OF CHINA ON CONTEMPORARY GLOBAL POLITICS The impact of China on contemporary global politics is still much a contentious issue. The impact it has had has been positive with urban economic growth and political stability for some time. There has been cases of where the country has experienced turmoil in the economy and in politics, but has somewhat been a benchmark for other nation-states to exemplify how China has maintained strong economic growth and being a world leader in this. The growth of the nation has been a challenge, but has found a way to integrate itself into the existing world economy. MAIN POINTS: * Size and rapid growth of China, represent a challenge to establish global order * This clashes with existing assertiveness * The dynamics and future impacts of these power shifts are far from clear understanding and aren’t determined * The thirty years since China launched its policies of reform and opening could be described as the period during which the country has gradually become integrated into the world economy.
To better understand the relationship between these two countries, which continuous to puzzle, amaze, and confuse observers it is crucial that one first understand the basis for Chinese influence. China has not only become a very influential country not only in East Asia but in the world. A comprehensive understanding of the reasons behind its success will help analysts understand the roots and reasons behind its relations with North Korea and make it easy to predict the possibilities of their future association. The paper analyzes the development of the political relationship between the two countries from a historical comparative analysis, transitologist and political realist perspectives. The paper concludes that North Korea is becoming increasing dependent on china while china attempts to distance itself and endeavors to build closer relationships with South Korea.
Stability and order is important for any country, especially in China. The historical institutional lessons made Chinese government more focus on the order and stability. stability is the sentiment of people, it representing the acceptance of what is being proposed. Order and stability are the pillar components to support the government, without order and stability, the government will collapse obvious. Deng Xiaoping(Deng) claimed that stability is the fundamental of any development in China.
It was Williams’ opinion that adopting these recommendations as a guideline, and moving in the direction of free trade, would benefit a nation and the world. The ‘Washington Consensus’ was readily accepted by economists, and implemented around the world. It was thought to be a formula for the trajectory of economic growth of nations through international trade. According to Dani Rodrik, Professor of International Political Economy at Harvard University, the consensus was established to, “Stabilize, privatize and liberalize...developing worlds and of the political leaders they counselled[3].” Although the Washington Consensus was considered a success by many economists, it was also subject to scrutiny by those who saw it as a negative ideology. This pessimistic view of the consensus appears to have been validated over time.
Let me start this case study with a quote from the case: »The foreign impression is that the Chinese act as if they are in the driver's seat.« After carefully reading the case of the failed joint venture negotiations between Electrowide and Motosuzhou, it seems obvious that in order to succeed in a global economy, Electrowide would need to locate production in Asia – the fastest growing economy. So, Chinese companies indeed are »in the driver's seat«, meaning that the foreign companies, which want to enter the Chinese market, have to adapt to their culture in order to succeed there. Not only have to foreign companies try to adapt to the Chinese culture, but they also have to fully understand it. This is obviously not the case with the Electrowide's approach to the joint venture negotiations with Motosuzhou. Electrowide's three-person team to carry out the task of purusing a JV with the Chinese counterparts has a shortage on three areas: 1) business skills (none of them have degrees that would aid in international business relations), 2) language skills (only Ms. Morgan spoke conversational Chinese, but traditional Chinese society is male-centered, so her Chinese can be of little help) and 3) intercultural competence.