...Japan’s Export: A Business Opportunity Maria Griselda Dillet Marketing 4308 Table of Contents Executive Summary 3 Japan 5 Government and Politics 5 Foreign Relations 6 Economy 6 Imports and Export 7 Imports 8 Export 9 Business Opportunity 10 Making the Opportunity Work 13 Recommendations 14 Declaration 16 Works Cited 17 Executive Summary Japan is a country east of South Korea, China, Russia and North Korea. It consists of 6852 islands. The country’s authority is vested in the monarchy. There is an Emperor, who is a ceremonial figure. The country has two parliaments, i.e. the House of Representatives and the House of Councilors. Japan has strong foreign relations being a member of the APEC, G8 and ASEAN. It has been a member of the United Nations since 1956. It is the third in the world as far as the national economy is rated. Japan’s main imports are raw materials, fuels, machinery and equipment, textiles, chemicals and foodstuffs. Its main import partners are the United States, Saudi Arabia, European Union, China and United Arab Emirates. The country’s main exports are motor vehicles, office machinery, semiconductors, scientific and optical equipment and other electronic components. It exports products to the United States, European Union, South Korea, Hong Kong, China and Taiwan. The idea is to start a company and locate it in one of the African countries. This company will be involved...
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...INTRODUCTION China’s emerging wine market presents an important industry segment for Australia’s wine industry to target. The growth in Chinese consumption of wine in sales volume is influenced by improved standards of living. The growth of consumption has increased the number of imported wines in the Chinese market, making China a lucrative market for Australian to enter. Both countries’ consumer behavior is important to understand as by exploring the way consumers think and the physical actions that result from these feelings, the crucial reasons behind how they spend their money can be established. This report examines the differences in consumer behavior of Chinese and Australia wine consumers. The purpose of the report is to strategically analyze the effects of consumer behavior theories, market segmenting, targeting, positioning and Maslow’s Hierarchy of Needs in order to provide recommendations for further opportunities for Australian exporters. PART 1: THEORIES 1. SEGMENTATION, TARGETING AND POSITIONING Market segmentation, targeting and positioning are part of key elements of marketing most consumer goods. Through consumer research, marketers of brands uncover specific market segments with distinct needs (Schiffman et al, 2011). Then the marketers develop products and devise strategies to price, promote and distribute them. Key issues relating to segmentation in order for a successful target. Need to be identifiable, sizeable, stable, Accessible...
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...growth which has made China emerged as a key player in global economy. China is the fastest growing economy in the world with its Gross Domestic Production (GDP) growing at nearly 10 per cent a year and turned it into the second largest economy after United State. (Agarwal & Wu, 2004) China’s stable political system, vast natural resources and abundant skilled and unskilled worker has made it into a path to become “The World’s Factory”. (Sun & Heshmati, 2012) High productivity level of China has made it became the world’s largest exporting country which accounted for 10.9% of world’s export as in 2012. (Nation Master, 2013) In addition to stated-owned enterprises, foreign-invested enterprises also engage in foreign trade. Thus, China has formed an all-round and diversified import and export market. This study investigates the changes of China’s trade pattern from 1980 to 2012. Next, we will discuss the majors impacts on China’s international trade associated with the domestic and international events and policies took place during these year. Lastly, we will study the top 5 export and import trading partners of China in 2012. (212) Discussion China’s Trade Pattern Figure 1: Imports and Exports as a Percentage of GDP in China from 1980 to 2012 Prior 1978,under inward-looking and planned economy system, China conducted minimal trade with the outside world which only exports the raw materials and manufactured goods to cover the payment for imports of goods which are...
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...Panama Canal increased the exports of lumber from British Columbia to eastern U.S. markets, which dramatically increased the netbacks received for lumber produced in British Columbia (Statistics, Canada, 2012). Post world war, rapid expansion in the US industrial capacity was accompanied with rapid growth in the Canadian economy as well. Growth in the demand for newspapers led to the growth of pulp and paper industry. By1950, over half of the world’s newsprint was supplied by Canada. By 1954, pulp and paper exports accounted for 24% of Canada’s total exports, of which, 33% of those exports were to the United States (Statistics, Canada, 2012). Post 1960, the new staple in the resource landscape for Canada was Energy. Until this time, though some local sources were available on the Prairies and in Nova Scotia, Canada had relied on coal imports. In 1957, there was a major oil discovery in Alberta at Leduc, which lead to a major and dramatic expansion of crude oil and natural gas industry, the effects of which are still evident till date. The North American Free Trade Agreement (NAFTA) removed most of the trade barriers for Canadian producers in US markets. Between 1990 and 2000, the export volumes of forest products increased at a compound annual rate of 4.4%, more than doubling the growth in forest products exports. The forest product export prices also rose at a compound annual rate of 3.2% per year, which outpaced the 2.3% compound annual growth in export goods prices (Statistics...
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...1 The Impact of China-Africa Trade Relations: The Case of Angola By Dr Ron Sandrey Associate Trade Law Centre of Southern Africa Prepared for the African Economic Research Consortium Nairobi, Kenya November 2009 2 Acknowledgements The author would like to thank Hannah Edinger, Research Fellow, China Africa Network, Centre for Business and Academic Research, Gordon Institute of Business Science, University of Pretoria; and Senior Manager & Head of Research at Frontier Advisory, for comments on a previous draft, and for research and editorial assistance. The author would also like to express gratitude to the African Economic Research Consortium for commissioning the research paper. 3 Table of Contents 1. Introduction……………………………………………………………………. 4 1.1 Problem Statement…………………………………………………………………... 4 1.2 Objectives of Report……………………………………………………………….… 5 1.3 Overview of Report……………………………………………………………….….. 7 2. Background………………………………………………………………….… 9 2.1 Angola & China Country Snapshots and the background trading relationship………………………………………………………………………….… 9 2.1.1 2.1.2 2.1.3 2.1.4 2.1.5 2.1.6 2.1.7 2.2.1 2.2.2 2.2.3 Angola – A Country Snapshot………………………………………………………….…. China – A Country Snapshot……………………………………………………………… Angola’s trade profile………………………………………………………………………. Angola’s trade profile with China…………………………………………………………. Angola’s other trade partners……………………………………………………………… Who are the gainers and losers from Angola’s increasing merchandise trade flows...
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... 3 History of the Chinese Economy 4 China GDP Growth Rate 4 Economy of India 5 GDP 5 Unemployment 6 Inflation 7 Economy of China 8 GDP 8 Unemployment 9 Inflation 10 India's Export and Import 11 China's Export and Import 12 China and India Export and Import 13 Analysis and Findings 14 Conclusion ...
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...Constitutional SystemChina or People¶s Republic of China adopts socialist system or communism in their political system in their decision-making processes in governing the country.The country¶s sole political party in power is known as the Communist Party of China.The government have the sole power to control all activities done by their citizen as whathave been describe in how communism system worked in governing a country. Inother words, the purposes of working in China are to contribute to the nation and alsoto the government as the government control on all activities in the country.ii.Stability of Government. The stability of the China government is quite moderate and stable because theadministration of the government are not publicize to the public either through thepress or on the internet. So, the degree of the citizen involvement in the politics is lowbecause of the heavy restrictions impose by the government. However, the policiesimpose and the law regulations are quite effective in terms of economy where China isone of the leading countries in the world. In the recent years (2001), China has joinedthe World Trade Organization and results rapid growth in industrial and manufacturingsectors because of the cheap labor in China. But still problems such as managingenvironmental degradation, demographic pressure and the extreme immigration fromrural to urban area must be faced by the government.iii.Business FreedomThe business freedom in China is quite tight because of the regulation...
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...provide accessories that are affordable to a wide array of people. The countries that I think would be the best to do business with would be India and China. Both India and China have large export markets for fashion accessories. From what I have read, Chinese markets for non-textile related goods and India for textiles. China has some restrictions right now on the import of textiles, whereas India does not. It will most likely be easier to find an English speaking vendor in India. China is currently the world’s biggest trading nation as of last year, measured by the sum of both exports and imports of goods. China’s exports and imports of goods last year came to a total of $3.87 trillion. India’s current GDP in PPP is 7,393,076 million. China’s current GDP in PPP is 18,030,932 million. Both China and India constitute unprecedented stories of economic development. They have already reached heavyweight status in the global economy due to the vibrant growth rates in the last decade. For many of the countries around the world, China is rapidly becoming the most important bilateral trade partner. At this rate, many European countries will be doing more individual trade with China than with European partners. Merchandise trade is a factor that is impacting global trade today. Both China and India’s merchandise exports are dominated by manufactures. The composition of these manufactures and the approach to their production...
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...The SARS Epidemic in 2003 Relevant Economics Variables in China SARS (Severe Acute Respiratory Syndrome) was a new infectious disease which was first recognized in late February 2003 and has put the world on alert. This is a respiratory disease in humans which is caused by the SARS corona virus. The virus appears to be highly contagious and fatal. World Health Organization reported that the SARS between November 2002 and July 2003 cause 8,096 known infected cases and 774 deaths (a mortality rate of 9.6%) worldwide on April 21, 2004. Many countries have successfully contained the SARS outbreaks and local transmission, but the SARS still had a great influence in economy of these countries. The purpose of this assignment is to provide an assessment of the China economic impacts during the SARS Epidemic in 2003. Gross Domestic Product (GDP) Actually, the SARS Epidemic in 2003 did not have great influence on China’s GDP. China's gross domestic product (GDP) in 2003 hit 11.694 trillion Yuan (US$1.414 trillion), up 9.1 per cent over the previous year. The National Bureau of Statistics said that in terms of different quarters in 2003, GDP in the first quarter was up 9.9 percent, the second 6.7 percent, the third 9.6 percent and the fourth 9.9 percent respectively and the per capita GDP reached a record US$1,090. As you can see, during the SARS time the GDP just dropped a bit. A group of Chinese Academy of Social Sciences economic experts delivered an analysis on China‘s...
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...U.S. Trade Analysis with other Countries Abstract Purpose- This paper presents the analysis of U.S. imports and exports by managing the trade balance. It also presents the leading U.S. imports and exports in terms of value along with the important partners. Design/methodology/approach- The author explains the balance of trade including the rise and fall of U.S. trade deficit using the analysis between different countries imports and exports. Research limitations/implications- The study is limited to analysis of imports, exports, trade surplus and deficit of U.S. trading. Originality/value- This paper will help to build up the understanding about the basic imports, exports and importance of balancing the trade cycle for a country. Keywords- Deficit, Import, Export, Surplus, Economy Introduction Every country has to follow a set of policies, methods and processes in order to perform imports and exports. A number of conflicts arise due to weak foreign trading policies by countries. It requires professional expertise to manage the trade of a country. There are also a number of conflicts generated between the different countries related to financial decisions of countries. To eliminate the risk involved in financial issues a system of principles, procedures, policies, responsibilities, accountabilities are used by stakeholders. Many of the famous financial scandals are noted in the history occurring at Parmalat, Nortel, and Enron. It has cost a lot of drop in the market...
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...territories. It involves the activities of the government and individuals and is usually formed by exports and imports. For many countries, global trade is a significant share of the gross domestic product (GDP). The importance in economic social and political life has been increasing rapidly in recent years. This increase can be mainly attributed to globalization and multinational corporations. It also follows the trend of development of the global economy. By looking at data provided by the World Trade Organization, it is possible to calculate the percentage of total merchandise increase in world export and import. Table 4.1 shows the results...
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...TRAINING MAGAZINE ON BANKING SCIENCE AND TRAINING INTERNATIONAL EXPERIENCE AND PRACTICE | REASON AND IMPACT OF INCREASE IN CHINESE YUAN VALUE OF CHINA NGUYEN XUAN HONGBanking Academy | | After much pressure on Chinese Yuan (CNY), China made decision on increase in their currency in 6/2010. How will this increase impact on relevant objects? This article aims to find reason and impacte of increase CNY value of Chine on Chinese economy and other countries, including Vietnam | be carefull on exchange rate policy to avoid impact on export. According to economic researcher , adjustment on CNY value may cause instability in Chinese economy due to encouraging investment, increasing independence of economy on external factor, especially when 50% of export comes from foreign-invested enterprises in current. This is contradiction that shall be considered when selecting exchange rate. | 1. CNY exchage rate development before and after increaseValue from 2005 to the date before 21/06/2010: CNY value increased due to application of margin transaction measure, holding CNY to USD rate at CNY=6.83 from 8/2007 | Besides achievement of economic growth, which partly thanks to current exchange rate policy, China also has to deal with many challenges. Since 1998, China has spent 200 billion USD to refinance and buy doubtful debts of banks. China is dealing with instable finance but Chinese Government still | | Source: Reuters Source: Reuters Source: Reuters Source: Reuters Figure...
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...around the world. Global trade involves the export and import of goods and services between countries. Goods and services that enter into a country for sale are called imports and goods and services that goes out of a country is call export. Some countries have an advantage and disadvantage on their goods and services. The exchange rates can effects the value of imports and exports. Comparing China and Russia, China has lower labor cost and they have more people in their country. But 58% of Russia exports is oil and oil based products. If the global trade did not exist, it would do a lot of damage to the today’s economy. The Importance of Global Trade Global trade is very important in the economy because it benefits to all the countries and it also create peace between nations. Global trade is simply the exchange of goods and services between countries around the world. No one knows when did global trade started but many countries have been exchanging goods for hundreds of years. Global trade involves the export and import of goods and services across the international boundaries. Goods and services that enter into a country from another country for sale are called imports and goods and services that goes out of a country to another country are called exports. Dating back to about three thousand years ago, Silk Road and Niles River played a big role in trading goods and services because people used these routes to import and export goods to other countries and make treaties...
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...of functional pottery vessels being used for storing water and food, being thought to be around since 9,000 or 10,000 BC. Clay bricks were also made around the same time. The ceramic industry has been modernising continuously, by newer innovations in product design, quality etc. Section I: Global Scenario Global Trade Profile During the period from 2001 to 2008, total ceramics trade grew at a CAGR of 9.8%, from US$ 39.6 billion to US$ 83.5 billion. During the period exports Ceramic Tiles and Stone Standards Refractory is a ceramic material, which can withstand volatile and high-temperature conditions encountered in the processing of metals. Refractory ceramics are enabling materials for other industries as well. The chemical, petroleum, energy conservation, glass and other ceramic industries, all rely upon refractory materials. 3 Tiles could be further segmented into wall tiles, floor tiles, vitrified and porcelain tiles. 2 1 increased from US$ 19.8 billion to US$ 41.3 billion (CAGR of 9.7%), while imports increased from US$ 19.9 billion to...
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