02 Overview
1. 1948-1972 : Security and conflict
[ Period of Cold War ]
- Korean War
- United States defined as a conspiracy of communism
- China defined the invasion of the United States
expanded to the policy of containment in Asia
military containment policy
economic isolation policy
economic cooperation did not exist.)
Introduction
Today’s China
Before we elaborate on our subject, we thought it is important to understand about the present situation of China. Thus, by comparing both China’s current and expected future situation, we’ve divided our sub-directions.
After implementing an open economy, China has been rapidly developing and eventually, they took a pos
․Global Steel Industry
In 2004, Rapid demand growth in China (80% of the total increase ) caused new problems which are raw material shortage and bigger demand fluctuations. World demand for steel : will increase by 3.4%/year ('04'10) particularly in Asia.
․Mega Trends in Steel Industry
Consolida
-Provides an opportunity to its employees to grow personally.
-Believes in innovation and creation.
-Greater emphasis on informal work culture.
-Empowers people and the employees are quite independent.
-Open culture the management-attracts, motivates and retains high quality people
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