china project
DESCRIPTION
For this group project we had to describe the cultural differences from United States and China and what a company should know before investing in China. I did the graphics, presented and research.TRANSCRIPT
oLocated in East Asia
oCapital Beijing
oPopulationo1.3 Billion o19% of the world
oEconomyo2nd largest economyoGDP 8.3 trillion USDoInfluenced by government
oPoliticsoCommunist CountryoNo democracy
oMany ethic groupsoDifferent religions
oGestland dimensionsoRelationship focused in businessoFormal in business
oPower Distance
oUncertainty avoidance
o Concept of FACEo Giving face o Saving face o Show face
o Salarieso Basic necessitieso Bonuseso Health insurance
oCommunist IdeologyoCollectivism
oChild laboroUse of US laws
oLow labor costso$105 USD monthly
oLarge buyers marketo1.8 billion people
oSpecial Economic Zones oLower taxesoLower tariffs oLess restrictions
Matt
oRelationship of trust
oLabor market trends
oRising Wages
oBefore investing you have to consider the differences between the US and China in:oEconomyoPoliticsoCulture
o If this can be done then:oYour business can benefit oWhich will enable an opportunity for expansion.
QUESTIONS?