new operation in China to cater to the local market. This presentation examines the risks and the opportunities involved. 2. Opportunities PESTEL analysis is used to study the external environment for the luxury goods market in China - Political factors: China has a single-party political system and the country has a long history of communist regimes. Even though the political forces have traditionally favoured a closed environment, post the accession to the WTO, China has slowly opened
Words: 949 - Pages: 4
means the general economic conditions affecting the financial markets. A favorable investment climate encourages businesses to improve efficiency and productivity in order to increase revenues and capital available for investment. It also gives investors confidence in the market and encourages them to invest more capital. Investment Climate The investment climate in a country is the collective set of incentives which establish the “rules of the game” to which economic actors must adhere
Words: 4757 - Pages: 20
is Turning Away from the West and Rediscovering China BEN SIMPFENDORFER Basingstoke, Hampshire, and New York: Palgrave Macmillan, 2009 201 pp. $42.00 ISBN 978-0-230-58026 doi:10.1017/S030574101000072X The New Silk Road is an insightful, concise (173 pages of text), and thoroughly readable book. The focus is not on energy investments and flows or on government policy, but on business and cultural strands of the Sino-Arab relationship. As a China economist for both JP Morgan and RBS in Hong Kong
Words: 1165 - Pages: 5
RETHINKING THE EAST ASIAN MIRACLE JOSEPH E. STIGLITZ AND SHAHID YUSUF Editors RETHINKING THE EAST ASIA MIRACLE JOSEPH E. STIGLITZ AND SHAHID YUSUF Editors A copublication of the World Bank and Oxford University Press i Oxford University Press Oxford • New York • Athens • Auckland • Bangkok • Bogotá • Buenos Aires • Calcutta • Cape Town • Chennai • Dar es Salaam • Delhi • Florence • Hong Kong • Istanbul • Karachi • Kuala Lumpur • Madrid • Melbourne • Mexico City • Mumbai • Nairobi
Words: 190305 - Pages: 762
THE RISE OF CHINA’S ECONOMY By Thomas G. Rawski Thomas G. Rawski, Professor of Economics and History, joined the University of Pittsburgh's faculty in 1985 after fourteen years at the University of Toronto. His research focuses on the nature and implications of recent developments and long-term changes in the economy of China. He delivered this paper at A History Institute for Teachers, March 19–20, 2011 on “China and India: Ancient Civilizations, Rising Powers, Giant Societies, and Contrasting
Words: 4916 - Pages: 20
[pic] Bachelor of Arts in International Hospitality Management QMU BH 3213 Strategic Management [pic] China Xiamen Airline Student: Que jia lei Student number:07007923 Lecture: Mr. David Goh Submission date:04-01-2008 Contents Executive summary………………………………………………………..3 1. Introduction……………………………………………………………….4 1.1Xiamen airline company background……………………………………….4 1.2The objective of this project…………………………………………………
Words: 3757 - Pages: 16
........................................... 5 COMPETITION ....................................................................................................................................................................... 5 TARGET COUNTRY - CHINA ................................................................................................................................ 5 RISK FACTORS
Words: 4500 - Pages: 18
The China Choice: Why We Should Share Power Thesis of The China Choice is that rather than engage in serious competition and conflict with China, Washington should share power with Beijing by forming a “Concert of Asia”, comprising the great powers of the Asia-Pacific. Author Hugh White’s argues that China’s challenge to America’s economic pre-eminence could succeed where others have failed because China has something the earlier challengers lacked: China’s workforce is four times the
Words: 1541 - Pages: 7
consumers everywhere will buy more of the less expensive products. This is a direct application of the law of demand (Baumol and Blinder). American exports would experience an increased demand in the foreign markets and this would in turn lead to growth in the USA. But as a coin has two sides, so does depreciation. The depreciated US-dollar loses its purchasing power and suddenly imported inputs and goods from countries with higher exchange rates become more expensive for American consumer. This
Words: 2037 - Pages: 9
International trade issues in China Intellectual Property Rights (IPR) issues United States business and government representatives have voiced out on growing concern of the economic losses suffered by U.S. firms which are the impact from the invasion of intellectual property rights (IPR) in China for example cyber attacks. U.S. innovation and the intellectual property that is generated by such activities have been cited by various economists as a critical source of U.S. economic growth and global competitiveness
Words: 1997 - Pages: 8
