Why do we want to do business in China? The answer is simple. We are still in a recession‚ and our unemployment rate is high. We have to explore alterative market to make money. What makes China an attractive market? China is attractive because there is big money to be made. [pic] Figure 1 Comparing Population of US and China in Millions China is the second largest economy in the world (Barboza‚ 2010) with 1.3 billion in population. That is more than four times the
Premium Overseas Chinese Republic of China Gross domestic product
Doing Business in China- A Legal Perspective [pic] [pic][pic] Introduction One of the oldest legal systems in the world is Chinese law. The Chinese Legal system is made up of Confucianism and Legalism. Confucianism is based on the Confucian philosophy of social control and moral education‚ and legalism based on codified law and criminal sanction. Since the 20th-21st century Chinese law became a mix of both traditional Chinese and western approaches. Even till this day
Premium Law
Mainland Students in Hong Kong By now‚ it’s been 13 years since Hong Kong was handed over to China. Since 2002‚ Hong Kong universities began to recruit students in mainland China. Since then‚ there have been more and more mainland students rushing to Hong Kong to pursue undergraduate or postgraduate studies. According to the statistics of Hong Kong’s government
Premium Hong Kong Mainland China Student
SEMINAR IN INTERNATIONAL BUSINESS ASSIGNMENT (2) DOING BUSINESS IN CHINA DOING BUSINESS IN CHINA Despite the economic developments in major parts of the country‚ and modern Chinese people’s increasing appetite on adopting western styles of living‚ China is still a country with a very special character of its own. Most first time visitors to the grand old empire will without doubt find the Chinese mentality‚ culture‚ and not forgetting the food‚ exciting but also challenging and sometimes
Premium China Culture of China Song Dynasty
The Cultural Differences in Cross-cultural Communication Guijun Zhang* China Pharmaceutical University / Nanjing University Abstract: The article discusses communication‚ cross-cultural communication and culture. It analyzes the root of cross-cultural difference and lists six fundamental patterns of cultural differences in cross-cultural communication. It also gives suggestion on how to properly treat these differences to achieve successful cross-cultural communication. Key words: cross-cultural
Free Culture Cross-cultural communication Communication
Values and Ethical Communication Behaviors Values The subjective assessments made about the relative worth of a quality or object. Therefore‚ values become part of complex attitudes sets that influence our behavior and the behavior of all those with whom we interact. Organizational Value Systems Values are part of the shared realities generated through organizational communication. These shared values are reflected in organizational myths‚ stories‚ mission statements‚ physical surroundings
Premium Morality Ethics Virtue
INTERNATIONAL BUSINESS CASE STUDY INTERNATIONAL BUSINESS CASE STUDY: CHINA Preston Miles Global Business-001 Dr. Patt. Burusnukul Abstract China is one of the oldest civilizations dating back over 10‚000 years. The history of China is exciting and as diverse as the topography of this region. From the peaks of the Himalayas to the scenic beaches of Yalong Bay. China has scenic and agricultural areas. China has the highest population and the fourth largest land area in the world. Caterpillar
Premium Han Chinese People's Republic of China Chinese people
Values and Ethical Decision Making Personal values and organizational values are very similar. Both are beliefs or missions used to aid in the decision making process. The difference in the two is in the title; personal values are on a personal level and can vary throughout an organization. The organizational values are built into the culture of the company and should emphasize the mission statement. Values are so central to individuals’ personality and cognitive structure (as cited
Premium Ethics Morality Decision making
Values and Ethical Decision Making Rebecca Bryson Management/MGT521 May 25‚ 2011 Michael M Lee‚ MBA‚ MBOL Values and Ethical Decision Making In this paper‚ the subjects to discuss are the evaluation of personal values‚ organizational values‚ and ethical decision making. Also identified within this paper‚ is Rebecca’s values and how they apply to her business management framework. The subjects within this paper will also be compared and contrasted to Rebecca’s value concepts with the research
Premium Ethics Morality
long-term investment in China Introduction Every country has its own rules and regulations according to the needs‚ requirements and environment of the business in that country. So for any company‚ thinking to expand the span of business to another country and wants to invest for long term in that country‚ especially where production in that country involves‚ it is very important to understand the business environment‚ government policies‚ restrictions and future perspective of business in that country
Premium Depreciation Finance Term