III. Overseas Chinese Capital in East Asian Region
1. Hong Kong
The population of Hong Kong is about 6.3 million and 98% of it is Chinese with 90% of them are from Guangdong province. The external structure of large corporates in Hong Kong seems to be westernized but the internal look shows rather family-oriented management system. Until 1988, ten family-owned companies dominated about 54
The second largest national capital following Jews.
56% increase in last year, reaching up to $ 390 billion (which is 15 times larger than Korean national budget)
Population of overseas Chinese: around 60 million
50 % of FDI inflow into China
Network chains of Chinese economic regions without any economic restriction from the government.
Foreign Direct Investments (FDIs) are the esse
Early Overseas Chinese
Overall History
• Origin of overseas Chinese
• Poverty
• Southeast
• Regular occurrence
• North people’s attack
• 唐人街( Chinatown)
• Commodity economy
• Over 100,000 people
• Start to form network
• Mass migration
• Spread worldwide
• Nationa
overseas
production bases
Case study : Nokia
In 2007, recalled 46,000,000 cell phone battery that supply from Matsushita
In 2009, recalled 14,000,000 cell phone charger that supply from BYD(Chinese company)
The cause is manufacturing in
China where labor costs are
low for cost reductions
Case study : Nestle
- In October 2008, Taiwan sanitary autho
overseas subsidiary in France, followed by establishing its Shanghai and Chartres plants in 2002 and 2004, respectively.
In 2010, AMOREPACIFIC's sales reached KRW 2,000,000,000,000, with operating profit of KRW 340,000,000,000 and net earnings of KRW 285,000,000,000. The Company maintains its number one player in the domestic market with a 34.9% cosmetics market share in 2010. In terms of its
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
Chinese economy and currency regime
Chinese economy had been controlled by the central government under the planned economy regime until 1979 (Morrison, 2007). In other words, most economic conditions used to be decided by the state in accordance with its policy, not by the market forces. From 1979, however, China has been experiencing huge innovation in its economic system until the present tim
Profile
American Multinational e-commerce company
The world’s largest online retailer
International market of US, Canada, UK, France, Germany, Italy, Spain, Japan, China
Also expects to launch in Poland, Netherlands and Sweden.
Incorporated in 1994 and went online in 1995
The effects of acquisition
Tight control over operations in China
Easily establish a strong position in the e-reta
Refund rate 0.25%, profits about 10 million dollars per year. This is the result of the world's most largest internet bookstore, amazon.com, which opened in 1994.
During the 1990s when internet technology began to spread through the public, Amazon.com’s CEO, Jeffry P. Bezos, realized that internet users were increasing about 2400% a year. So he decided to start a business based on Internet. H
1, Fan culture of idol singers
1) Overall fan culture of idol singer in Korea
Korean idol culture is shorter than Japanese idol culture. In Japan, idol singer existed in 1960s, so idol fandom and fan culture of idol are set in Japan. But in Korea, H.O.T. who is made by SM Entertainment in 1990s is representative idol singer. They had got a lot of popularity from teenagers and contributed g