China Is Reaching New Levels Making It A Top Choice For Many Global Managers

Their labor is mainly the part of agricultural and industrial fields. On the other hand ,America has much low labor force i.e 150 million as compared to China.It also give rise to unemployment rate that increases.Labor force in America mainly works in farming,forestry,sales and offices ,transportation and

Presently, foreigners gain massively from the resource of migrant workers in China. The locals that can benefit from their presence benefit very, very little, that is, if a small amount of money for their work is seen as a benefit. The Chinese employees' work is valuable to the company, for their

Their reason for moving was primarily driven by the New Economics of Labor Migration and World Systems Theory as China was going through a massive overhaul at the time. The country was still rebuilding and restructuring after The Great Leap forward and the Great Famine had left China in shambles. This left little to no opportunity for women in the large cities, let alone villages living in poverty. So when my great uncle sent for the rest of his family, they saw it as a chance for their family to diversify their portfolio (to have my grandfather and older aunts and uncles stay in China while

Cheap labor in China can be hard. Workers are only making 75 cents an hour. Migrant worker typically earn less than $130 a month. Once a person gets older they have to stop working since most work in the factories will be hard for them. It is also hard to find mid and senior level managers. Since most of China’s university grads leave within the three years of them working.

Based on the population issue, the Chinese government enforced the birth control policy from the late twentieth century until now, so the total fertility rate of China is lower than the total fertility rate of the U.S. In the labor market, China plays an important role of the labor export. Large population emerges more workers, so the labors are cheaper in China. After the cold war in the 1990s, the global economic cooperation made the connection between countries was more close and complex. Many international companies invent and possess their core technologies in the U.S or other developed countries, but they found their manufacturing factories in China. They already aimed at the Chinese large cheap labor market could reduce the cost in their entire business. Consequently, people can find different kind of stuff labeled as “made in China” easily and frequently—it is a good explanation for the fact of half of my clothes were “made in China”. Many small factories which produce clothes and accessories are located in small towns in southeast of China, especially Zhejiang, Fujian, and Guangdong Provinces. Most of workers in those factories are wide range-age women who from rural areas with lower level education. Their working conditions are depended on the conditions of the factories.

It is well- known that China has a rapid economic growth over the past three decade. In order to cope with fast changing economy, the China’s labor market has experienced a significant transition from central-controlled labor market to more market-oriented labor market. This was primarily due to the growing importance of private enterprises and foreign investments, and the reform of state-owned enterprises (Chan & Peng, 2011). The new market-oriented market has stimulated the total employment from 170.4 million people been employed in 1990 to 293.5 million people in 2007(NBS, 2007). The growth of employment can be attributed to the generally improved employment conditions since the new labor laws introduced more stringent health and safety standards, as well as minimum wages (Allard & Garot, 2010).

With 1.3 billion people, the world's second-largest economy, and the fastest economic growth among industrialized nations, China is an undisputed economic powerhouse, so it would not be a bad idea to become more familiarized with their communication patterns in their business, education, and healthcare.

With China emerging as a global power in business within the last decade, knowing about doing business in China has become more important than ever. There are both many advantanges and challenges with doing business in China in this modern era, and understanding both sides of this coin is the key to being successful in China. Some aspects to keep in mind include the cultural barrier, the price of the work force in China compared to the United States, and have the “made in China” brand be accepted back in the United States.

In today’s world, economic power is the prime moving force in determining how much a country can produce, buy, or sell their products or services. One notable economic powerhouse is China. Over the years, the Chinese business climate has grown from a centrally planned economy to a socialist market economic system. Having this new economic system gives foreign investors many market opportunities. However, one must not forget the differences in political and cultural environment that can create risk and uncertainty for foreign investors. According to a 2010 survey by the US-China Business council, companies are reporting strong growth and profitability despite the economic downturn. China has a large market and their purchasing power is ranked second in the world. Although companies are profiting, there are fourteen business issues in China. They are: administrative licensing barriers, competition with PRC state-owned enterprises or national champions, intellectual property rights enforcement, cost increases for labor and raw materials, restrictions on foreign investments, restrictions on market access in services companies, transparency, government procurement standards and conformity assessment, protectionism risks in China, lack of equal treatment from domestic companies, lack of consumer awareness/understanding about products, miscommunications due to language barriers and ethical issues, and the difference in human resource practices. In the United States, managers tend

What I found most interesting about doing business in China is the many different things you have to deal with compared to

The Labor law in China specifies that representatives may be employed on a permanent or temporary basis. A temporary contract can be for a settled timeframe or until the event of a certain occasion.

In today’s economy, China is one of the fastest growing countries. China has rich resources, which has become the leader of export around the world. China is developing rapidly, causes many eyes staring at this flourishing opportunity. For companies with a global outlook, having a foothold in China is a growing necessity. Foreign companies’ rapid expansion in China and the relative scarcity of highly trained local personnel mean many US and other foreign firms find it necessary to import key personnel for their China operations. In today’s global environment, companies often send their employees across the world in order to improve the organization 's performance and stay competitive.

The East Asia & Pacific office of the U.S. Department of Commerce can help you in arranging appointments with local Chinese business and government officials, and can identify the contacts you will have to establish to achieve your objectives. The services of a host of a reputable Public Relations firm is recommended for detailed work involving meeting and negotiating with senior Chinese officials or even pinpointing whom you should meet for your purposes.

We have seen since early 1980’s in the 2000s companies from all over the world have been investing trillions of dollars in China market. Recently we saw this demand nearly double with the last few years. Large numbers of corporations are leaving their home country and opening headquarters abroad in China. These companies come from all types of industries. For example Software, Mining and Cosmetics industry, many big names such as Google, Microsoft and Apple also have their offices in China. Pepsi and Coca – Cola have also joined in on some of the profit. The question that is on everyone’s mind what are the reasons why foreign companies are moving to China. Thought this paper I am going to speak on the positive and negative effects we see

a) Minimum measures laws: The gauges laws resemble whatever other created nation. There is equivalent treatment between representatives paying little heed to sex, race or age. You can't contract youngsters under 16 years old. Least wages, occasions, family leaves, ideal for specialists to sort out, and controls in regards to working conditions. The similitudes in these controls can be misdirecting for outside administrator who may think they comprehend it as fundamentally the same as their parent nation laws. There is a noteworthy distinction in the practice and utilizations of these laws in China alongside the some unwritten yet generally accepted nearby conventions and practices that are taken as laws. Additionally, remote organizations are typically held at a higher standard than residential organizations with regards to consistence with these laws and controls.