National economics are often adversarial in nature, a global contest where countries seek to gain advantage over their neighbors, all in the name of wealth and gain. America is no stranger to the game; the U.S. has been the world’s economic leader for the better part of a century. China, however, is the leading contender for the economic top-spot (), and America continues playing directly into China’s hand. America’s current trading posture with China is drastically skewed in China’s favor; if America is going to preserve its position as the leading economic power, existing U.S.-Chinese trading agreements will need to be revised, and additional regulations must be introduced to promote balanced dealing. The consequences of losing the global economic contest are very real.
To begin with, this research exposed a FDI puzzle between India and China through analyzing the current economic condition. Prime, Subrahmanyam and Lin (2011) stated, "Given their growth records, large markets, and reformed economic systems, both China and India appear to be equally likely candidates for foreign direct investment. Yet, China has received substantially more FDI" (p. 303). What's m... ... middle of paper ... ...a. Journal of Asia Entrepreneurship and Sustainability, 3(2), 60-80.
Introduction The emergence of People’s Republic of China in the last two decades has been remarkable. This paper will analyse and review the procedures which led to human resource development (HRD) in China. People’s Republic of China is the world’s most populous nation with an abundance of manpower availability. The human resources in China were under-utilized because of many reasons. Since China got independence in 1949 till late 1970’s, they followed a highly centralized economic planning system, unlike the western countries where the focus was manpower management.
Topic: Managing relationship issues in China Research Question: Why guanxi is important in business succes? Introduction Globalisation has altered the business environment and the ways in which firms conduct business activities. Since China opened-up and changed its policies many foreign businesses have been attracted due its huge potential market opportunity. However, managing a business in China, business people should be aware of the Chinese cultural differences. The objective of this paper is to discuss the importance of guanxi in the business contex.
According to David Ahlstrom, Michael N. Young, and Anil Nair, in their article, "Navigating China's Feudal Governance Structures: Some Guidelines for Foreign Enterprises", many foreign businesses face considerable operational problems , such as running joint ventures or managing a local workforce that is a significant distance away from their headquarters (Ahlstrom, Young, & Nair, 2003). Consequently, an integrated approach to pursuing business activities is more desirable. Such an approach would utilize expatriates that possess knowledge of the products, services and overall formal business processes of the company as well as the employing of local talent, which are not only familiar with the culture and traditions of the locality, but will benefit considerably from the employment and training opportunities offered by the compa... ... middle of paper ... ...ncounters China's guanxi. Public Relations Quarterly 46(2), 16+. Retrieved from http://www.questia.com/read/5035448126?title=American%20Public%20Relations%20Networking%20Encounters%20China's%20Guanxi Jefferson, G.H., Hu, A.G.Z., & Su, J.
Outsourcing is not a strange word for China, the World Factory. China is earning this name by the 30-year experience of OEM, ODM and assembly manufacturing. However, the economic crisis has become a watershed for both the US and the PRC on topic of international labor cooperation. According to the statistics, the foreign capital is retreating from China, and nobody knows where it went. Chinese government started to eliminate labor-intensive industries and expand domestic demand by investing funds.
How did the Asian economies take care of the global crisis? Before the global financial crisis, Asian economies were dependent on large industrial economies of the Western and the Eastern world for marketing their products and services. Their export oriented economies needed the deep and prosperous markets in the advanced industrial economies. At least a third of GDP growth in China during the pre-crisis years originated from exports and in other Asian emerging market economies (EMEs) this proportion was higher (Akyuz, 2011, p. 10). Presently the Asian economies, particularly the EMEs, depend increasingly on domestic demand (ADB [Asian Development Bank], 2012).
China’s economy has begun to expand over the past years, and has become known for their manufacturing. But at what cost? Between the years 1992 and 2002 ,China’s emission output had risen 33% causing environmental and political problems to arise (Cozier, M. (2006, June 12)). Many of the factories China uses for manufacturing products are run by coal, one of the most dirtiest energy sources available (Cleaner China -- the Asian tiger is striving to curb pollution. (2013, August 31)).
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