China
Explanation on China’s Catch-up
Traditional explanation on China’s reform success
Took advantage of ‘comparative advantage’ in labor intensive goods (Justin Lin et al 1996)
Characteristic: A comparison between China’s pre-reform era (socialist command economy) and post-reform era (marketized economy).
Further task need to be done
Identifying the Chinese catch-up stra
1. Policies and reforms -Special Economic Zones (SEZs)
- Economic development-focused policies
- Putting old politics behind
Special tax incentives for foreign investments in the SEZs
Greater independence on international trade activities
Products are primarily export-oriented
Attracting and utilizing foreign capital
What happened?
'Chamber of Fear' by Nike's
global advertising agent
Wieden + Kennedy
Heated online discussion
Continued using the ad
2004/12/6 : Ad banned by
SARFT (State Administration
of Radio, TV and Film)
Reason for Banning
Insult toward China
Dangers and temptations are
Chinese people and symbols
of China like dragons
Stresses the Importance of C
1. Introduction
The Third Taiwan Strait Crisis refers to the escalation of military conflict that occurred between Chinaand Taiwan from May 1995 to March 1996. Chinaand Taiwan has been competing over sovereignty and security issues for more than half a century, and the conflict between them is one of the biggest threats to the stability of Northeast Asia. The Taiwan Strait Crisis is a good exa
Q2. What role did institutional context play in challenging MCC’s efforts to prove the value proposition of its unique wholesaling format and establish itself as an accepted corporate citizen in Russia, India, andChina?
The Metro Cash & Carry institution is characterized with its successful cooperation among Metro Group business units such as metro C&C and Metro Group Buying.
As they func
1. Why do you think that it is so important to cultivate guanxi and guanxiwang in China?
In China, guanxi is an essential factor which makes a business more likely to be successful. Because the political system of China is based on communist totalitarianism, there is much more possibility to execute works by person in charge with his subjective mind rather than to the legal process. Since t
Global Expansion
Offices and factories in Japan, China America
Exporting product to over 80 countries
in 2009, set up office in Vietnam & Russia
5 Forces analysis (In China)
Many available
options
-Little regulation-Not requiring high technology-Fierce competition
-Monopoly‘Gangsabu’ (Taiwan) ‘Namgazone’ (China)
-Imitation products
-Cheap & abund
1. The Coming Conflict with China
이 저서는 미국의 입장에서 중미간의 관점이 대립된 사안들을 지적하고 미국과 중국의 정책 목표가 서로 충돌하고 있음을 인정한 후 양국의 갈등을 방지하기 위해 어떠한 노력을 해야 하는지를 제시하고 있다. 저자는 중미간의 이해가 일치하는 부분은 경제영역으로 중국은
Code of Ethics
A commitment to conduct which is not only legal,
but fair, and morally correct in a fundamental sense
A commitment to commercial success in terms
broader than merely financial measures
A respect for our employees, suppliers, customers,
consumers and stockholders
Avoidance of not only legal, but the appearance of
real, conflict -of - interest
Missi
Entering China
Market
Value
0.46billion won last year
-->
expected 2 billion won in 2009
Gamers
29,000,000 consumers
--> Expected more than 60 million in 2009
Internet Cafe
Currently 350,000 internet
cafés all over the Chinaand
still increasing
NHN -
Hangame
26 million subscribers and 250,000 concurrent users
Provider offers some 200