China’s work force has underwent dramatic change over the last two decades. China’s work force has had much stress put on them from translational companies to make products with high efficiency for cheap. A part of globalization is trade and the global market. China has been a good example on how it can have a negative impact on a countries work force. China was a perfect place for translational companies to export there products from there.
In order to maximize profits, these corporations have to find ways to cut corners and reduce input costs. All of this is done to provide the cheaper prices that American consumers enjoy. Asian subcontractors do not provide their workers with the benefits and wages that are found in the U.S. In China, wages are much lower, labor movements are repressed, and labor laws are not enforced effectively (“Working Conditions”). Many Chinese workers do not even know about trade unions or collective bargaining, which is a tool that laborers have been able to take advantage of in America.
In China, These include direct nationalization of ... ... middle of paper ... ...business, it also presents risks in the same measure. Some of the risks which have been discussed include political risks, social and cultural risks, and economic risks. All multinational companies willing and with plans to do business in China must be well aware of the risks involved for better preparations on the type of risk management strategies they will employ. From the above discussion, it can be deduced that political risks are the most inherent and therefore pose the greatest problem to the multinational companies. This is partly because the legal system of a country dictates almost all the other sectors in the economy.
China has recently fallen into an economic slump. Because it is so involved with other countries around the world, this economic slump that China is going through is also affecting the other countries as well. The environment has also been affected negatively by globalization. There are many polluting industries, wastes, ecologically destructive practices, and air and water pollution. The reason this is happening is because people see China as a vastly growing country, corporations and companies want to move there because of the great opportunities they see to grow.
In the past, most competitions depended on government allocations; now, however, increasing numbers of commercial competitions are privately held to satisfy the public’s growing demand, but privately held companies have always lacked the experience needed to search, collaborate and profit from sponsorship. (QUE Jian, TAN Ling, 2005) It is a good opportunity for Chinese privately held companies, especially sporting goods brands which are relevant closely to sports games to expand influence and popularity. Therefore, the purpose of this study is to present feasible strategies for Sporting Goods Brands in China to obtain satisfying sponsorships in China. Studies of sports sponsorship in the US are needed for this research, since the American sports market is the most prosperous in the world. Some classic and more recent works include those of Rui Biscaia, Abel Correia, and Antonio Fernando Rosado, (2013).
Unfortunately, worker rights have been ignored in order to increase productivity. Governments are heavily invested financial in the different sectors, such as the SOEs of China or the chaebols of South Korea. Power is largely consolidated, and that allows the governments to be invested into these corporations. Overall, economic progress is the product of a sacrificed political progress.
Indonesia’s Crisis: The Lesson for China introductionIndonesia, as we have long predicted, is coming apart. This process has a great deal of relevance to China, whose army, like Indonesia’s, was accustomed to making lots of money and now resents the fact that the good times are over. In both countries, making money became the basis for military loyalty to the regime, which in turn needed the army as guarantor. But in China, as in Indonesia, the military is no longer making money, and China has banned its officers from business. Now Beijing is creating international tension to soak up the military’s energy and resentment.
Most of these jobs are taken over by China citizens through outsourcing or companies re-locating to China. In addition, China has continually increased the percentage of debt the US owes it. The implications of this scenario are far reaching. Firstly, this scenario gives China a political leverage over the US. An increased amount of debt owed to China therefore works to counter the US influence in world politics in favor of China.
(xi) Brand X cannot only invested small amounts of capital in China and without considering a business strategy based on factors unique to the under-developed Chinese system of commerce because China’s undeveloped infrastructure, government regulations, and regional protectionism fragment distribution channels throughout China. ( https://wweb.uta.edu/insyopma/prater/IJPDLM%20logistics%20in%20China.pdf) For example, the legal system in China is improving and it cannot protect the foreign investors at this moment. Also, because of the unperfected infrastructure, foreign investors are difficult to find the distribution in China. The product production is also affected since the system in China is not effective enough. The unclear guidelines are the main problem that is faced by the foreign investors since they do not know how to follow the guidelines.
He was one the greatest reformers of China and the person we know for todays Chinese power.He truly showed the world the power of China. No doubt the other leaders of China have caused great change, but Deng Xiaoping has caused the greatest change in a positive direction. Deng Xiaoping kept communism in China but he also had capitalist ideas in his economic plans. China before his rule was not doing that well even if China's economy was slightly increasing, agriculture really down in China which caused many people to starve to death. The death toll before he came into power was about 40 million people.