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Doing Business in China

Title:

Report: Business Opportunities and Problems/ implications in China

By: Ninad Pattalwar

Date of submission:  12 Feb 2009

        

TO:

The Managing Director

PREFACE

Working for a plastic manufacturing company which sells tailored plastic components for cars and general vehicle fittings, the report outlines the opportunities as well as problems of doing business in china. Core Strategy perspective is to expand our operations in china in terms of production and packing.

Contents                                 Page

Executive Summary                             4

Introduction                                          5

Findings                                                  6

Problems/Implications                        7

Conclusion                                              7    

Recommendations                               8

Executive Summary

China holds some of the highly advantages elements of doing business. The Chinese economy and the governments play a key role in the Chinese business environment. Firstly the nature of the business environment is necessary to be established. China’s international presence is highly dominant. The highly productive Chinese economy offers new entry opportunity in the Chinese emerging markets. The highly advantages elements of doing business in china includes growing consumer base, highly productive and effective labour markets and clearly creates a platform to carry out operational activities.

However foreign companies doing business in China face challenges due to the complex business culture. The government play a key role in the Chinese markets, by sustaining growth in the emerging markets. To enter a new market in china, adapting at the right strategy will be curtail. The start up cost and other business registering costs should be in considered. The very first strategic move should be to get the approval of ex ante and registering with the local State Administration of industry and commerce. Establishing a company structure and the company seal is necessary for legal and liability purposes. To develop a balanced adaptation to business culture in China and establishing a partner to aim to seal a joint venture.

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Together with all the opportunities in mind such as reducing costs in terms of operations, developing labour market, new emerging markets and a low cost incentive not to forget the changing Chinese culture and business environment.

 

Introduction

China a dominant country with many advantageous elements in terms of doing business, Thanks to its rapidly developing economy, political structure and sound business environment. The rapidly growing economy offers a good platform towards carrying out business activities in terms of operations. Its high Productivity rate has led ...

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