China’s Development by FTA with SK
Economically & Politically
Boost Mutual Economic Exchanges
1. Lowering of tariffs encourage competition
2. Increase in market share &Foreign Investors Improve “Competitiveness” in the manufacturing industries
Boost Political Influence over North East Asia
Rise of China
1. Crumble of Current Security System “Cold War” Style
(SK-US-Japan
2) Competitors in China
(1) A foreign brand, combines leading-edge science and technology and functional cosmetics market secure
-China cosmetics according to the statistics of the site last year in the sales income China brand cosmetics sales is-wide by 60%, that amount is 90% of total sales.
-The highest market share LOREAL brand and top 10 in the amounts entered China mainland only
3.Government of the People's Republic of China
The primary parts of state power are the National People's Congress (NPC), the President, and the State Council.
1)National People's Congress
The National People's Congress is the highest state body and the only legislative house in the People's Republic of China. The National People's Congress is held in the Great Hall of the People, in Beijing
Ⅱ. Effects of RMB appreciation on China
□ Exchange rate system of China
- The Chinese exchange rate system is the fixed exchange rate system which is fixed to the dollar. In 1994 January 1, China unified the official exchange rate and the market exchange rate and adopted a managed floating exchange rate system that restricted one day exchange rate fluctuation band with ±0.3% of the precedi
4. Why Chinese market is crucial
China has a large pool of under-served patients, representing the next biggest opportunity for the leading medical device manufacturers. China remains the world’s most populous country in the world and is simultaneously home to a large patient base. China is home to more than 100 million people who are 65 or older which illustrates that it’s a country that
If Google goes the same way as other companies like Yahoo or Microsoft had pursued, Google could be criticized as being naive immoralist. The reason is that Google could not sufficiently justify their act and be criticized for lack of their effort on changing the situation. But in this case, it is not just only Google who is facing this problem but many companies operating in China. It is a probl
I. Abstract: Level of analysis: Nongshim Foods in China
II. General Information on Nongshim
A. Nongshim the Company
Nongshim Foods is a food manufacturer specializing in instant noodle and snacks in Korea, established in 1963. It also produces and sells beverage, bottled water, instant rice, microwavable or ready to-boil foods. It imports and distributes worldwide famous food brands such as
A two-day third strategic economy dialogue between U.S. and China was winding up in Washington D.C. on May 11 in 2011. The Strategic Economy Dialogue is a meeting between the United States and China to discuss about the global issues including the area of security, economy and NTS(Non Traditional Security). With the rapid rise of China today, it is the remarkable evidence that the United States h
Thus, our team decided to study about cosmetic market in China. We found that foreign companies like L’Oreal, Procter & Gamble Co and Shiseido have large portion of the China’s cosmetics market share while Korean companies have little portion of that. However, Korean beauty products also have high quality and Chinese people are favorable to Korean products. In other words, it is hard to under
The United States and other countries hope that greater demand from China for their exports, resulting from a higher value of the yuan, will help them resume sizable economic growth as they recover from severe recession. Their governments especially want to reduce the high levels of unemployment.
1. The impact on China
Advantage 1 : Cheaper Imports
China imports technologies, petroleum, m