period between 1978 and 2012. In 2012 4 million more students enrolled in China than in the United States. This information is really useful but we believe something is missing. There is no explanation of how this could happen and why this growth was so rapidly. So we think that the authors should have explained this part more detailed. In fact, they should have explained what the differences where in the beginning in China compared to the United States and compared that to the differences later.
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China – entry into WTO * Reduction of trade barriers, and limits to import. * Reduction of goverment subsidies and other form of support. * Equal treatment for foreign and domestic firms. * Trade barriers between provinces removed. * Market size up, opportunity to export. * Opportunity to offshoring and outsourcing. Steel – before 2000 * Many low quality steel mills; subsidies * Overemployment * Only 8 mills reached min efficiency to win profits. * World’s
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When Starbucks entered China in 1999, many were skeptical that Starbucks had a chance. Given the fact that Chinese people have traditionally favored tea, it seemed impossible that Starbucks would be able to break into this market. However, Starbucks did not let this skepticism stop it. A careful market study revealed that as the Chinese middle class emerged, there existed an opportunity for Starbucks to introduce a Western coffee experience, where people could meet with their friends while drinking
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China (traditional Chinese: 中國; simplified Chinese: 中国) is a cultural region, an ancient civilization, and a nation in East Asia. The last Chinese Civil War has resulted in two nations: The People's Republic of China (PRC), commonly known as China, has control over mainland China and the largely self-governing territories of Hong Kong (since 1997) and Macau (since 1999). The Republic of China (ROC), commonly known as Taiwan, has control over the islands of Taiwan, Penghu, Kinmen, and Matsu.
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Case Study: China Myths, China Facts Julliana Schlemper Embry-Riddle Aeronautic University Organizational Behavior & Change MGMT520 Fernando Muniz April 27, 2016 Case Study: China Myths, China Facts Introduction Considered the second-largest economy in the world, that should surpass the US in the next decade, China has a very unique culture. When I think about China, in a business way, I think about very serious people that know what they want and go get it. Chinese people like to
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with the words "made in China". More than 80% of products are made in China. These products are cheaper, more beautiful and delicate than those made elsewhere because of China's technology, its productivity, and its economy are in a stage of high pace development. In addition, China has an advantage in population that other countries do not have, which creates a cheaper labor force. Consequently, more and more investors decide to establish their produce factories in China in order to reduce their
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XCO China MNG 615 - International Business Management September 15 2014 Case discussion Questions 1. Why do you think John Ross ‘prior expatriate experience failed to prepare him for the task of managing XCO China? I consider that John Ross prior experience may failed in China because the Asian culture differed a lot from Mexico and Hungarian culture and he did not have a cultural training for Asian markets. If you are assigned to work overseas
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meaning the center of the world (E.W.R.G.pg 108). China, now the Peoples Republic of China, is a communist country since 1949. Along with Japan, South Korea and Taiwan, China entered the world of politics, economics and culture with force (E.W.R.G. pg 108). Though there are many similarities shared by China and its neighbors, the East Asian region’s history, has been dominated by China. This fact has made china the instigator of many of the human advances from technology
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How to do business in china With a Solid economic expansion, coupled with a rapid market transformation and a series of government reforms, mean China the world's second-largest economy is no longer just a country for low-cost manufacturing. It is also an increasingly attractive destination to do business. Several western companies including global giants such as Starbucks, Volkswagen, Boeing and Procter & Gamble have established a presence in the country. But despite China's
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Background "China is the one place on the world where you could replicate Wal-Mart's success in the U.S." Davis Glass former CEO of Wal-Mart Stores said. However, reality indicates that Wal-Mart is facing many difficulties in Asia. Wal-Mart and other foreign organizations are subject to a number of adverse situations and government restrictions. Some of those difficulties are: rigorous cost control in comparison to local companies, toll fees and charges, high transportation and distribution
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