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EXECUTIVE SUMMARY
It was our company’s desire to investigate whether a manufacturing firm should consider investing in a foreign direct investment in China. In order to answer this dilemma, we conducted extensive research about China. Our company chose to consider the cultural, sociological, political, legal, economical, and financial factors of China. ...
China is a country full of rich culture. For centuries, China was known as a world leader in the arts and sciences. The culture in China affects a large mass of people since China is the most populated country with 1. ...
The political environment in China can be described by China’s state constitution, which describes the country as a socialist state under the people’s democratic dictatorship. ... The Chinese Communist Party governs China. ...
China is the second largest economy in the world. ... In addition, China is a communist country that is trying to move from command to market.
The national development strategy in China revolves around government decisions. The business culture in China for internal and foreign trade involves active state participation. ...
After close analysis, our company has made the following recommendations:
• China would be a good choice for our manufacturing firm to invest in a foreign direct investment
• Locate a manufacturing plant in the southeast region of China (Shanghai, Kunshan) to benefit from new infrastructure, and an abundant labor supply. ...
• Keep an optimistic perspective on the venture and promote a lasting relationship with China to ensure the success of this venture and other perspective endeavors.
CULTURAL AND SOCIOLOGICAL FACTORS
For centuries, China was known as a world leader in the arts and sciences. Through out the 19th and 20th centuries, China’s people were exhausted by two generations of war, social conflict, and economic woes. October 1, 1949 marks the formation of the People’s Republic of China in Beijing, a dictatorship led by Mao Zedong. ... Although much progress has been made to liberalize the economy, China is not interested in transforming into a democratic society. Every year China releases small amounts of economic control. In 1997, China acquired Hong Kong, which is second to the United States in economic freedom. ...
China, the most populous country, contains over 1. ... The decline is attributed to China’s one-child policy, established in 1979, which prohibits most families from having more than one baby.
The major ethnicity of China is Han Chinese. ...
With China’s large area, slightly less than that of the United States, the climate is extremely diverse. ... In Central, South, and Southwest China, a subtropical climate prevails. ... North China’s winters are cold and dry with an average temperature of 23˚F and summers are warm and rainy with a normal temperature around 79˚F. ... However, most people live in the plateaus, plains, and basins of eastern China because of the region’s fertile soil and abundance of water resources. Western China is sparsely settled because of high mountains and harsh weather conditions. ... In 2001, China’s literacy rate was 98 percent24. ...
China, officially atheist, only has 2% of the population practicing the Daoist, Buddhist, or Muslim religions and 4% loyal to the Christian faith2. ...
POLITICAL AND LEGAL FACTORS
China’s state constitution describes the country as a socialist state under the people’s democratic dictatorship . ... China is governed by the Chinese Communist Party (CCP), which came into power in 1949. ...
The head of state in China is the president, mostly a ceremonial office, elected to a five-year term by the National People’s Congress. ... The premier heads the State Council, which possesses executive power in China. ...
In December 2001, China joined the World Trade Organization. Over the next five years, China is expected to eliminate all quota and other non-tariff mechanisms that have kept out foreign goods . ...
China is involved with the World Bank and the International Monetary fund. China does not belong to any military alliance or regional security organization, although it participates in the informal Asian Regional Forum, a security dialogue24. In 1971, China obtained a permanent seat in the United Nations, which includes veto power on the UN Security Council.
With tension rising over North Korea’s nuclear weapons program, the United States and China relationship could be tarnished. Recently, China would not agree with the Security Councils attempts to deliver a formal statement condemning North Korea’s nuclear program.
China’s military force, the People’s Liberation Army (PLA), includes the national army, navy, and air force. ... China has reacted to these perceived threats with repression, control of information, and ideological campaigns . ... Censorship is prevalent in China with citizens forbidden to view foreign news sites and Chinese-based websites cannot report from independent news organizations which leaves them with state controlled sources5.
ECONOMIC AND FINANCIAL FACTORS
There are four essential external influences on physical and societal factors that assist our company in determining the economic viability of engaging in business in China. ...
According to the World Bank, in purchasing price parity (PPP) terms, China is the second largest economy in the World following the U.
Approximate Word count = 4106
Approximate Pages = 16.4
(250 words per page double spaced)
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