Business Environments Of Chinese Society

China may be an attractive country for US firms who are seeking to expand their business and enter the Global Market for import and experts of goods and services. Also, China has a cheaper and large workforce that is attractive to firms who want to raise their revenues by expanding productions abroad. The details in this report will provide feedback on the important impacts of doing business in China. The overview will address the following categories: Geographic considerations, demographics, political system, economy, cultural issues, communication, transportation and technology, a brief overview of the military, transnational issues and labor considerations.

China is a very noteworthy nation with regards to worldwide trade. China is positioned as World's fourth biggest market according to USnews.com in its annual best countries rating and its tremendous populace of exceptionally citizenry with a drive for entrepreneurship gives businesses inspired motivation to remote organizations to join its market (US News, 2015). In any case, similar to other foreign markets, one can find aspects making China appealing to American partnerships the same amount of as there are different variables that make the market less alluring for American enterprises. The purpose of the paper is to investigate the variables in connection to its potential for an American business trying to venture into the Chinese market

“We were ready to walk away from China forever, but the friends we made in Shanghai convinced us to stay. We entered the Chinese market after spending weeks walking the streets, trying to understand the economy, the culture, the people and whether they were ready for the type of business we were in: the high end, no-replica, genuine design exhibition and events business.

But even though the Chinese economy is now getting popular in the international market, the country is not taking its domestic business environment for granted because no matter how the country’s economy was fueled by the growing presence of international companies, the country remained adherent and makes it

The Chinese culture is very different than the culture in the United States of America and business meetings require preplanning if they are going to be successful.

Comentario en Internet de Harvard Business Review : “The experienced entrepreneurial chief executive officer (CEO) of Jadelink International Limited strives to create a modern jewelry brand representing a new perception in jade. The CEO has achieved early success of growing sales rapidly and bringing Jadelink products to Shanghai, the trendiest city in China. But the company wants to expand business to the Asian and international luxury goods markets. This requires intensive capital to continue to build up the company scale. This case examines the consideration of venturing a new business in the China market,

Since the early 1980s, China has been one of the fastest growing markets. Policy shifts by the Communist government opened their doors to foreign firm investment in the country. The purpose of this memo is to inform you that firms foreign to China, like us in General Motors, will have a difficult time doing business there moving forward. The reasons why are mainly because of a government becoming increasingly hostile to foreign firms and the emergence of local competitors.

China is an emerging economy that caters number of market opportunities for foreign investment. Moreover, China has a huge potential for economic growth. It is the world’s most populous country. It shares border with fourteen countries. The rapid expansion of Chinese economy has captivated many countries to invest in this market in order to gain profit and enjoy low tax rates. China’s one of the best-known landmarks is the Great wall, one of the world’s largest manmade structures. China is the second largest energy consumer country and third largest energy provider country in the world where coal is the primary source of energy. As far as the political factors of China are concerned China is not dominated by a single or a two party system, it has a multi -party System under the leadership of CPC (communist party of China). In decision making process of the political, economic, cultural and social affairs the other parties express their concerns regarding the particular polices to be adopted but one who rule in all is CPC whose approval is the main concern. Furthermore, considering the political stability of the country, number of foreign investments has been embedded into the country’s economy making it a country, which carries a low level of risks of investments. Consequently, this immense increase in the investment ties back to the increase in political stability of the country.

Foreign investment in china has been adversely affected by the global economic and financial crisis since 2008. In the first 6 months of the year 2009, foreign investment in china dropped by 17.9%. There has been a notion that china does not well receive foreign investors compared to the past. Reports of abolishment of special treatment for foreign investors have been reported. However we all agree that regulation of foreign investment is important to ensure sanity.

The growth of the Chinese economy, particularly in the past 20 years, has been staggering, today Chinese competitiveness is no longer confined to lower-end production, and labor--intensive, low-value-added goods. Chinese government are focused on helping Chinese companies move up the industrial value chain, and assisting the international expansion of the Chinese companies’ globalization. And have made efforts to build internationally recognizable brands, government encouragement of international expansion is driven by desire to reduce China’s foreign exchange reserves. For example, according to the Chines government’s work plans for 2015, Chinese government will further promote outward direct investment (ODI) activities, for sure the

Besides, the Chinese currency is relatively stable, which means that the American-owned company will not incur losses in forex trading. The other macroeconomic factor that makes Beijing an apparent business destination is that it is a free market with minimal government interventions. This means that the prices of goods and services are determined by the market forces of demand and supply as opposed to prices being dictated by the authorities. Such a move is welcomed because it shows that the business can predict their revenues and profitability with ease.

“We were ready to walk away from China forever, but the friends we made in Shanghai convinced us to stay. We entered the Chinese market after spending weeks walking the streets, trying to understand the economy, the culture, the people and whether they were ready for the type of business we were in: the high end, no-replica, genuine design exhibition and events business.

Domestic market: As mentioned earlier China’s domestic market has always provided huge potential for investors both inside and outside China. In fact according to Premier Li Keqiang, China is “still one of the world's most attractive destinations for investment”.

Firms should look out for global market opportunities to expand their business into various markets and also to estimate the demand for products and services in various economies. There are many markers that could indicate favorable opportunities for companies to export, invest, source or partner in foreign markets, and these could be promising mixtures of circumstance, locations and timing (Cavusgil et al. 2014). Firms can carry out a global market opportunity assessment to analyze a market’s suitability to the firm. There are six tasks for the global market opportunity assessment. Firstly is the organizational readiness to globalize. This could gauge a firm’s preparedness to conduct international business with an initial assessment, which includes its financial resources and management’s commitment. Secondly is the suitability of products and services for foreign market. Products that sell well in the domestic market might not be suitable to sell in other markets, so firms need to determine how

I might want to thank you for giving me the chance to compose a couple words about my study arrangement and my future prospects in China. I have dependably indicated readiness and unmistakable fascination in concentrating on Single man of Business Organization in China. There are numerous explanations behind which I have picked China to want examining my major. Initially, China is instruction well disposed nation and advancing advanced education in each conceivable way without separation of race, sexual orientation and religion. Additionally, it has one of Asia 's most complete quality training frameworks. Second, it was an amazing privilege to proceed with my study in China, as coming to China implies ensuring my future, the soundness and the success. Also, the offices and climate of China will help me in improving my aptitudes and driving me towards a brilliant future. I accept in the wake of examining in China, a considerable measure of multinational organizations anticipated that would give me work effectively, whether in China or different nations which they have business with China. I 'm keen on business contemplates so as to investigate an assortment of subjects in creating aptitudes in the territory of business that can be connected in a wide range of circumstances. These reasons make me imagine that China is an appropriate decision in contemplating Business organization. My points is to get single man of business organization and MBA, so I have solid conviction that