...•MARKETING •CUSTOMER SATISFACTION & RETENTION 5|3 XIAMEN AIR DIFFERENTIATION SKIPPING THE SWOT FOR THE MOMENT SINCE COMPETITORS LIKE TRAINS, OTHER AIRLINES MACRO FACTORS SUCH AS FLOOR PRICING POLICY, STAKEHOLDERS OF GOVERNMENT ETC INCREASING COMPETITION BETWEEN PROVINCES & CITIES AND INCREASING NEED FOR REVENUE MANAGEMENT & WITHIN LIMITED SPHERE OF ACTION DUE TO CAPITAL CONSTRAINTS AND RUNNING AS A SUBSIDIARY OF A POTENTIAL COMPETITOR ARE SELF-EVIDENT XIAMEN AIR DIFFERENTIATION QUESTION: (A) WOULD DREAMLINER HELP IN REGAINING THE REVENUE & PROFIT POSITION? (B) HOW WOULD SKYTEAM COMPLEMENT & AID THIS? KEY IS THE SUCCESS OF XIAMEN AS A HUB, FOR A HUB & SPOKE SYSTEM THAT CAN COMPETE WITH OTHER HUBS IN CHINA XIAMEN AIR DIFFERENTIATION XIAMEN AIR...
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...XIAMEN AIRLINES: PAY FOR PERFORMANCE Company Overview: Xiamen Airlines was established in July, 1984 jointly by CAAC and the Fujian Provincial government. By December 2013, its shareholders were china Southern Airlines Co. Ltd., Xiamen C&D corp. Ltd. And Jizhong energy Resources Co. Ltd with 51%, 34% and 15% of shares respectively. They are the only Chinese Airlines featuring all Boeing fleet, operating 102 fleet with 16,650 seats on 218 domestic routes and 26 International and regional routes. They are known for its excellent customer service and extraordinary safety performance. In 2014, Xiamen Airlines employees 11,000+ employees including 1000+ pilots. Airlines Industry in China: Strengths | Weakness | * Highest population in the world * Permitting the private sector to enter into the industry * Increase in Passenger traffic * Steady increase in the need for transportation within the country * Regulation for pilots to avoid them from switching the companies | * Huge investment * Very less players in the market | Opportunities | Threats | * Industry is growing 10 times faster than USA * The revenue passenger kilometer increased by 12% | * Hugh speed rail system development * Pilot shortage | Challenges faced by Xiamen Airlines: * High attrition rate of the pilots and switching to other airlines * Unequal pay system i.e. more pay for the foreign pilots and relatively lesser pay for the domestic pilots * Lack...
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...[pic] ACFI 3217 International Development in Accounting Comparing of the performance of Malaysia Airlines and China Southern Airlines Summary The purpose of this report was discovering and analyzing the performance of Malaysia Airlines and China Southern Airlines; and the benefits and problems in the U.S. adopting of IFRS will be mentioned. First, it evaluates the performance of Malaysia Airlines and China Southern Airlines through five ratios analysis which is profitability, liquidity/solvency, working capital efficiency, long term financial structure and investors’ perspective. Next, on basic of part one analysis, discuss the limitations of financial reporting, meanwhile, companies from different countries which are using different accounting standards should be noticed. Follow on; depend on the situation of financial report, using the SWOT methods to analyze the primary challenges faced by Malaysia Airlines and China Southern Airlines. Finally, discuss the positive and negative of U.S. adopting IFRS. Contents 1. Introduction 1 2. Ratio analysis of the MAS and CZ 1 3. SWTO analysis of the MAS and the CZ 12 3.1. Strengths 12 3.2. Weaknesses 13 3.3. Opportunities 15 3.4. Threats 16 4. The benefits and problems if US adopt IFRS 18 5. Conclusion 26 6. Reference 27 7. Appendices 36 7.1. Appendices 1—Analysis Current Ratio 36 7.2. Appendices 2—Analysis Quick Ratio 36 7.3. Appendices...
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...they, like everybody else, could not get along without cooked cereals.” “For in ancient as in modern China, cereals have been assigned the function of nourishing and sustaining life” (Kiple & Ornelas, 2000). I really agree with this statement that cereals play a really huge and important role in Chinese food culture and history. From ancient past to present, Chinese usually have cereal as the basic ingredient in their daily meals. Chinese commonly think that cereals are the essential ingredient to make them alive, and they will have cereals in every daily meal. Chinese usually see the dishes as the supplement for the cereals, so they usually won’t only have dishes without any cereal. There are a variety of cereals, like rice, wheat, millet, and maize. According to Kiple & Ornelas (2000), “Two of them, rice and wheat, are the most highly valued, with millet and maize less appreciated.” “From an agricultural point of view, wheat, various millets, and maize are the typical cereals of the north, whereas rice is characteristic of the regions south of the Yangtze River and of western China” (Kiple & Ornelas, 2000). Therefore, the southern Chinese usually have cooked rice as their daily staple while the northern Chinese have breads, noodles, dumplings, and pies as their staple. In addition, many foreigners may think that dumpling is the traditional food for China. This...
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...Leonard Bilal Blacklock AC0325687 World Civilizations I (HS150) Lesson 6 Assignment 6 03/04/2015 Sui Dynasty (589 – 618 CE) was a short lived Imperial Chinese dynasty, preceded by the Southern and Northern Dynasties. It unified China for the first time after nearly four centuries of north-south division. It was followed by the Tang Dynasty. Founded by Emperor Wen of Sui, the capital was Chang’an. His reign saw the reunification of Southern and Northern China and the construction of the Grand Canal, connecting the Yellow and Yangtze River for easy trading. The canal was used to carry rice and other agricultural products. Wendi was the first emperor to build a centralized government, created legal codes (social security); Buddhism was also spread and encouraged throughout the empire, uniting varied peoples and cultures of China.(Refer to pages 277; Wikipedia,2015). The Sui dynasty which reunified China after nearly four centuries of political fragmentation during which the north and south had developed in different ways, played a part far more important than its short span would suggest. In the same way that the Qin rulers of the 3rd century BC had unified China after the Zhanguo (Warring States) period, so the Sui brought China together again and set up many institutions that were to be adopted by their successors, the Tang. Like the Qin, however, the Sui overstrained their resources and fell. And also as in the case of the Qin, traditional history has judged the...
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...significant to the development of East Mountain Schools, taught Huineng and lead him to reach enlightenment. The legend, The Platform Sutra on Meditation and Wisdom, attributes the teaching of both gradual and sudden enlightenment to Huineng; the sutra is one of the most well known in the East Asian Buddhist world. The legend shows the divergence between Northern School of Ch’an advocating gradual enlightenment and Southern...
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...Brief History of China Prehistory Mythical Era Ancient Era Imperial Era Modern Era Introduction Chinese civilization originated in various city-states along the Yellow River Valley in the Neolithic era A history of 4700 years since Yellow Emperor during the period of the Three Sovereigns and Five Emperors; the written history of China begins with Shang Dynasty 3600 years ago when turtle shells with ancient Chinese writing were carbon dated in 1500BC Prehistory Peking Man Paleolithic – – – – China was inhabited by Homo erectus more than 1 million years ago The archaeological site of Xihoudu site in Shanxi Province is the earliest recorded of use of fire by Homo erectus 1.27 million years ago The excavations at Yuanmou and later Lantian show early habitation The most specimen of Homo erectus found in China is the so-called Peking Man discovered in 1965 Prehistory (cont.) Neolithic – – – – – – Stone Tools The Neolithic age traced back to 10,000 BC Early evidence for proto-Chinese millet agriculture is carbon-dated to about 7,000 BC Population was increased due to agriculture, the ability to store and redistribute crops and to support specialist craftsmen and administrators In late Neolithic times, the Yellow River valley began to establish itself as a culture center, and the first villages were founded Early history of China is complicated by the lack of a written language during this period At Damaidi site in Ningxia...
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...the vast lands of asia, and up and through Europe. It added many contributions to the development of many civilizations and countries, such as China, Persia, and India. Not only goods were spread through the known world, many philosophies and religions were spread, because of the vast land the Silk Road traveled through. 3. Trans-Saharan Trade- When gold came in demand for the needs of coinage for the mediterranean nations, Berbers...
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...benefits for having agriculture based civilization: irrigation, a transportation route for trade, and a source of consumption. The Yellow River also flooded annually, creating a fertile field for crops. (Zhuang, Y., & Kidder, T. R). B. Yellow River Valley civilization flourished with the Yellow River and developed its own unique tea culture. The Yellow River got its name from the color of water it carries, which is rich in nutrients and discolors the water. The nutrients make the water great for farming but not for drinking, due to its strong earthy taste. Tea became a main trading commodity between ancient China and Tibet. Chinese caravans would carry tea from the southern part of China to Lhasa, the capital of Tibet, to trade for horses (JenkinsMark, 2010). This route was called the Ancient Tea Route/Cha-ma-go-do, a literal translation is “Tea Horse High Road.” Buddhism from China spread to Tibet along with the tea and Tibetan Buddhism was born. Ancient Tea Route later became a cornerstone of the Silk Road that connected the East and the West. C. Two significant environmental factors that influenced the development of the United States are the Mississippi river and the California Gold Rush. The Mississippi river provided a water network system of transportation....
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...the Year reached approximately 683 million tons, an increase of approximately 8.9% compared to the Last Year. China’s copper cathode production during the Year was approximately 5.5 million tons, an increase of approximately 15.5% compared to the Last Year. However, the penetration of scrap metals consumption in China during the Year was still at a low level when compared with the figures in developed countries. Therefore, there exists a great potential for increasing penetration of recycled metals in China. For the Eastern China operation, benefiting from the expanding operations in Jiangyin city and Ningbo city and with the benefit of being one of the best metal recycling markets in China, business flow has been strong in the region. The Group has continued its growth momentum in the revenue of the Eastern China region during the Year. Margins have improved as compared to the Last Year as a result of the ramp up operation and the increase in regional market share. Jiangyin port has been the regional logistic and distribution hub supporting the Group’s recycling base in the Eastern China region and connecting its operations in other regions. For the Northern China operation, business flow has continued to increase as a result of the smooth execution of the operation. The joint venture with 天津鋼管集團股份有限公司(Tianjin Pipe (Group) Corporation) and 11 regional recyclers (the “Tianjin Joint Venture”) has started business operation and will create a “Strong-Strong” alliance by combining...
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...Chinese Immigration in Africa To talk about Chinese immigration in Africa we have to present first the ties that link China with the continent. Modern political and economic relations began in the era of Mao Zedong, the first leader of the Chinese Communist Party, following the Chinese Civil War. His Chinese international policy paved the way to both modern Chinese-African relations and immigration trends. In 1956 China signed the first official bilateral agreement with African countries (Egypt, Algeria, Morocco, Sudan, and Guinea); it focused primarily on trade relations. By the 1960s, 19 African countries had official ties to Beijing. To help cement new diplomatic relations, Mao sent a number of Chinese to the continent in the 1960s, as well as 150,000 technicians between the 1950s and 1970s, to work in agriculture, technology, and infrastructure. Most returned to China after completing their contracts. Those were not the first wave of immigrants coming from China to Africa. For that we have to go way back in the 17th century. The first Chinese immigration took place in South Africa. They were prisoners, usually debtors, exiled from Batavia by the Dutch to their then newly founded colony at Cape Town in 1660. From that time until the late 19th century the number of Chinese people in the Cape Colony never exceeded 100. Chinese people began arriving in large numbers in South Africa in the 1870s through to the early 20th century initially in hopes of making their fortune on the...
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...An Analysis of Wang Lung’s Character in The Good Earth as a Typical Farmer Image in China Abstract Pearl Buck, who lived in China for almost 40 years, has formed an in-depth understanding of Chinese society and owned a spontaneous emotion toward Chinese people. With a meticulous and direct observation of Chinese farmers, she accurately grasped “earth” as the survival core and cultural root of Chinese farmers. In her masterpiece, The Good Earth, Pearl Buck brings authentic rural life and vivid images of farmer in China to western readers through her unique perspectives. The Good Earth not only changes distorted stereotype Chinese images in the westerners’ mind in 19th century, but also fully demonstrates various Chinese farmer’s characters. This thesis intends to analyze Wang Lung’s behavior and his hidden characters as a typical farmer in China. Through scrutinizing the text content, the author discovers that both merits of traditional Chinese farmer and backward thoughts under the feudal society are embodied in Wang Lung’s character. On the one hand, Wang Lung, industrious and frugal, simple and kind, has a keen attachment to earth. On the other hand, he is feudalistic, timid and conservative with a strong lust to women. Key Words: The Good Earth Wang Lung image of farmer Contents I. Introduction 1 1.1. Summary of The Good Earth 1 1.2. The Significance of The Good Earth 2 1.3. Relevant Studies of The Good Earth 3 II. Wang Lung’s...
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...and Dutch traders, after he put down the Three Feudatories Revolt in the South. Then, the Manchu rulers turned to the Northwest which was considered as the biggest threat to the Qing empire. Galdan (r. 1671-1697), the chieftain of the Zunghar state, ruled over the area including present-day Xinjiang, the part of Qinghai, Inner and Outer Mongolia, Tibet and Kazakhstan. However, the Qianlong emperor’s (r. 1735-1795) military campaigns from 1755 to 1760 crushed the Zunghar state. The Qing conquered the West Region and took control it until the empire collapsed in 1911, which is the longest period of controlling both interior China and the Central Asian...
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...Introduction: Asia is one of largest continent in the world. It has many countries. One of the largest countries in Asia is China. China is a wonderful ancient country. It has one of the seven wonders of the wonders of the world which is the Great Wall of China. Do you want to know more about China? In this essay I am going to talk about Chinese food, Chinese wedding and Chinese tradition festivals. Chinese food: Chinese cuisine can be divided into two distinct styles, the Northern and the Southern. Northern cuisine is characterized by its extensive use of oil, vinegar and garlic. There are many Northern Chinese dishes that revolve around pasta. Other popular Northern dishes include ravioli-dumplings, noodles, steamed stuffed buns, steamed bread and fried meat dumplings. Southern style cooking is known for its abundant use of Chili peppers and the food in general is known to possess tenderness and freshness. There is a lot of variety in Southern style cooking which tends to have a sweet taste to it. Rice dishes are very popular amongst Southern style cooking with some of the popular items being rice cakes and noodles. One of the unique aspects of Chinese food is the importance of color and aroma. These two elements share equal importance with the taste of the food item in Chinese cooking. Chinese food tends to be very colorful. Every dish features at least three to five different colors. The most popular colors found in Chinese food include yellow, green, red, black, white...
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...A B S T R A C T "The Belt and Road" strategic initiative put forward by China, has a significant influence on the development of international society. At the same time, as a grand strategic initiative, the construction of "The Belt and Road" will also promote the economic development of countries which will participate in the project. The initiative involves so many countries and such a large population, which is unprecedented in the history of China's diplomacy. What’s more, the domestic environment in these nations is complex and pluralistic, which undoubtedly plays an important role in "The Belt and Road". I will explore what opportunities and challenges this initiative will bring to regional and international economic development In this paper, by analyzing the implementation process of the initiative, different attitudes of involved countries and several meaningful accomplishments of the project. Keywords: The Belt and Road Influence Opportunities Challenges 1. Introduction The "Silk Road" in history is the main trade route connecting China and outside world and the core bond between China and outside, through which they can make economic, political and cultural exchanges a lot. To speed up the construction of Chinese new open economy system, China put forward a strategic planning about "Pushing the construction of Silk Road Economic Zone and Maritime Silk Road, and forming a new opening all-round pattern” on the third plenary session of the eighteenth...
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