local knowledge of the highly fragmented Mainland market, foreign players have yet established significant presence in the mass market and in second- and third-tier cities.
Sources of products
Foreign cosmetic products sold on the Mainland can be basically classified into three types: imported, self-manufactured by foreign brand owners and produced by local OEM factories. The imported goods are
local markets wants to know that the host country’s economic growth will sustain demand for the goods being produced.
Debt, resulting largely from overborrowing in the 1970s and early 1980s, is a major problem in the global South. Through renegotiations and other debt management efforts, the North and South have improved the debt situation in recent years. However, the South remains $2 tr
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
growth of emerging market. Many developing countries like China, Brazil, India etc are growing rapidly, so that countries are very attractive market. But that market encountered control already to some local company. So Google has to gain competitive advantage to beat local brand in that market. Second one is economic recession. From 2007, world economy fell in to the deep slackness because of th
economic depression, the manufacturing industries that came to be stop operating temporary was increased during certain period.
Supported special fund of 1.3 billion euro for the small enterprise that suffered during economic downturn the management.
Synergy Effect
Produce more developed products
increase efficiency
sharing accumulated know-how and technology
Local partner's knowle