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Chinese Market Entry Possibility By The Means Of Joint Ventures
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Book Synopsis Critically evaluate the hypothesis "Joint ventures are the ideal entry strategy to use when entering the Chinese market for the first time; it is a win-win situation" by : Isabell Keil
Download or read book Critically evaluate the hypothesis "Joint ventures are the ideal entry strategy to use when entering the Chinese market for the first time; it is a win-win situation" written by Isabell Keil and published by GRIN Verlag. This book was released on 2004-09-08 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2003 in the subject Business economics - Trade and Distribution, grade: 1,7 (A-), University of Glamorgan, course: International Business and Export Management, language: English, abstract: The People’s Republic of China (PRC) is the last Communist State in the world (Roberts and Kynge, 2003). Mao Zedong, the leader from 1949 until 1976, pursued a radical politicsorientated and self-sustained policy, which “had China’s door closed in front of the foreign countries” (Yahoo! Inc., 2003). Deng Xiaoping succeeded Mao Zedong and launched his economic reform programme, called the “Open Door” policy, in 1978, which encouraged foreign investment (Yahoo! Inc., 2003). This was the beginning of a new era for China. A great deal of international investors tried to gain a foothold in China’s fast growing markets in the form of joint ventures or direct investment. This paper is devoted to the joint venture (JV), and investigates whether or not this form of enterprise is the ideal strategy to enter the Chinese market. After a short survey of the Chinese economy, JV’s will be defined. The explanation of JV’s is made under consideration of the distinctive features of the Chinese culture. A lot of enterprises and JV’s as well failed because it is not easy to deal with the Chinese. This essay reports about failures of a Western JV and tries to examine the causes. Examples of successful JV’s are described as well before concluding whether or not “Joint ventures are the ideal entry strategy to use when entering the Chinese market for the first time; it is a win-win situation”.
Book Synopsis Chinese Market Entry Possibility by the Means of Joint Ventures by : Andreas Gysler
Download or read book Chinese Market Entry Possibility by the Means of Joint Ventures written by Andreas Gysler and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Worldwide foreign direct investment has grown at an average of 15.7% between 1970 and 2005 and still today is an important driver for the globalisation process. It is the large firms, however, that have been its main drivers. Small and medium enterprises do face high barriers when considering engaging in FDI activities and are more likely to fail in comparison to a large multinational enterprises. These barriers stem from the fact that SMEs oftentimes dispose of only limited resources, in particular limited financial, information and managerial resources and hence have a different attitude towards risk. Such resource limitations, however, can be overcome by the means of forming a Joint Venture. Swiss SMEs from the machine, electrical & metal industry desiring to enter the Chinese market through the building up of production facilities, however, face a dilemma. Their scarce resources with regard to financial assets, experience, time and employees as well as their lack of knowledge of the Chinese culture and business ways hamper their ability to effectively enter the Chinese market through the vehicle of wholly owned subsidiaries. Although Chinese JV partners are most able to complement the resources Swiss SMEs lack, JVs with Chinese partners are not without friction. Especially the diversity along the lines of culture, language and business habits between Sino-Swiss partners have been seen to cause frictions, oftentimes inferring poor performance and making the need for an alternative solution apparent. Singaporean firms appear to be a viable alternative when contemplating above elaborations. Posing as combinations of the East and West, they are in the unique position to potentially act as intermediaries along the lines of culture and business habits. Based on scientific literature review, this paper produces a framework and empirical analysis that allows an assessment of Singaporean firms' suitability to act as intermediaries.
Author :Chris Devonshire-Ellis Publisher :Springer Science & Business Media ISBN 13 :3642160409 Total Pages :119 pages Book Rating :4.6/5 (421 download)
Book Synopsis Setting Up Joint Ventures in China by : Chris Devonshire-Ellis
Download or read book Setting Up Joint Ventures in China written by Chris Devonshire-Ellis and published by Springer Science & Business Media. This book was released on 2011-07-15 with total page 119 pages. Available in PDF, EPUB and Kindle. Book excerpt: This brand new guide book is a comprehensive overview of establishing joint ventures in China. It details all applicable decision making processes such as assessing your potential partner, choosing the relevant JV structure, conducting legal and financial due diligence. The guide contains complete JV contract and articles of association as well as an overview of JV law, details negotiation issues, land use rights, IP Protection and technology transfer, in addition to tips on staff hiring and HR. It also describes the tax and audit responsibilities in addition to buying out a JV partner and liquidations. It is a concise, detailed yet pragmatic guide of use to anyone considering or owning a JV in China.
Book Synopsis Evaluation of Joint Ventures as a Mode of Entry into the Chinese Market by :
Download or read book Evaluation of Joint Ventures as a Mode of Entry into the Chinese Market written by and published by GRIN Verlag. This book was released on 2016-04-22 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2015 in the subject Business economics - Business Management, Corporate Governance, grade: 2,3, University of Applied Sciences Essen, language: English, abstract: This term paper will first of all give an overview of existing foreign market entry modes. Secondly there will be a description of joint ventures in general by analyzing typical motives and risks for using a specific mode of entry to internationalize. At the end of the second part, the situation on the Chinese market is discussed to introduce the reader to the concrete business case of Volkswagen and SAIC Motors, which will be discussed in the third part. Finally, this paper will provide an evaluation of the success of this joint venture on the Chinese market. Globalization, in recent times, has generated a lot of interest in the business world. More companies are now seeking to escape their comfort zones (home markets) and enter into international markets to expand their businesses. Internationalization has seen several factors as its driving force. More countries have opened their markets to foreign entrants through liberalization and deregulation of previous trade-inhibiting laws. Consumers, in most parts of the world, have also exhibited a homogenous behavior that encourages internationalization. Products that sell well in one part of the world have shown the likelihood to perform the same in other areas, which has motivated more companies to explore international markets. Other external driving factors are an improvement in technology and logistics. It is now possible for companies to communicate and track the activities of each of its subsidiaries or branches in the world. Technology has offered a business with an appropriate infrastructure that ensures smooth running of their affairs worldwide. Some products also exhibit shorter life cycles; thus, limiting the amount a company can produce. Internationalization offers such company's ability to produce more by expanding their reach beyond local/home markets. Expansion into international markets by a company is motivated by several factors. One of the major factors is to spur growth and increase profitability. Many companies are seeking to enter into foreign markets to expand their influence and increase their sales and revenue. Internationalization for such companies means an access to a wider customer base, which implies more product sales and more revenues. Expanding the size and scope helps achieve the economies of scale.
Book Synopsis Joint Ventures & Other Market Entry Strategies in China by :
Download or read book Joint Ventures & Other Market Entry Strategies in China written by and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Joint Ventures in China by : Russell Gibbons
Download or read book Joint Ventures in China written by Russell Gibbons and published by Macmillan Education AU. This book was released on 1996 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: Handbook for Australian business persons which discusses joint business ventures and investments in China. Describes preparations, negotiations and procedures for company and business registrations in China. Outlines strategies for overcoming obstacles in cross-culture business. Provides many useful checklists, draft letters and a glossary in the appendices. The author is chairman and managing director of a marine engineering company and lives and works in China. In 1991 he commenced negotiating a joint venture in China and completed negotiations a year later.
Book Synopsis Chances and Risks of International Joint Ventures in the People's Republic of China by : Claus Guter
Download or read book Chances and Risks of International Joint Ventures in the People's Republic of China written by Claus Guter and published by . This book was released on 2003 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Chinese Market by : Danai Krokou
Download or read book The Chinese Market written by Danai Krokou and published by Business Expert Press. This book was released on 2021-09-10 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: With its dual appeal as the world’s factory and the largest consumer market worldwide, China is about to become the preferred playing field for American and European businesses with global ambitions. China’s massive global development project, the Belt and Road Initiative (BRI), now includes more than two-thirds of the world’s countries. Entering the Chinese Market aims to assist Western businesses and entrepreneurs to understand and effectively enter the Chinese market. An essential factor for the success of investors and professionals engaging in business in or with China is being able to understand and correctly set up a sustainable and effective corporate structure. This book discusses different company structures, their functions, and their respective liabilities and provides practical and operational observations. The book details all applicable decision-making processes to help you choose the most suitable structure based on your business scope, specific needs, and available capital when entering China. In addition, it discusses all relevant rules, regulations, documentation, and management issues related to the establishment of different types of structures such as WFOEs representative offices, joint ventures, and other forms of investment. Topics covered include tax, legal, intellectual property rights, common pitfalls, and ways to address them.
Book Synopsis Strategies for Joint Ventures in the People's Republic of China by : Iqbal Mathur
Download or read book Strategies for Joint Ventures in the People's Republic of China written by Iqbal Mathur and published by Praeger. This book was released on 1987-09-22 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors show that the sucess of a joint venture in the People's Rebublic of China, to a considerable extent, depends on understanding the Chinese perspective. They not only offer this perspective, but mingle it with the Western view. This book provides information not readily available in Western literature. The authors help the reader develop a feel for Chinese ideology, culture and infrastructure. Chapter by chapter, they show that successful joint ventures in the PRC are definitely feasible.
Download or read book Strategic Management (color) written by and published by . This book was released on 2020-08-18 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.
Author :Frederick D. Lipman Publisher :World Scientific Publishing Company Incorporated ISBN 13 :9789814508629 Total Pages :326 pages Book Rating :4.5/5 (86 download)
Book Synopsis International Strategic Alliances by : Frederick D. Lipman
Download or read book International Strategic Alliances written by Frederick D. Lipman and published by World Scientific Publishing Company Incorporated. This book was released on 2013-11 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Strategic Alliances is a practical guide that tackles major issues one might encounter when establishing a Chinese-based or US-based joint venture. It targets small and middle-market US companies that wish to establish strategic alliances based in China or other Asian countries, in order to expand their markets. Unlike other business management books, this book also caters to small, middle market and larger Asian companies (not limited to the Fortune 500 list), that wish to establish strategic alliances based in the US to grow their businesses. One of the chapters includes a detailed step-by-step guide to obtaining a US Green Card through an EB-5 visa for Asian entrepreneurs and their families.
Book Synopsis Experience on specific problems – Joint ventures between Hong Kong company and company from the local government of the People’s Republic of China (developing country) by : Michael Cheng
Download or read book Experience on specific problems – Joint ventures between Hong Kong company and company from the local government of the People’s Republic of China (developing country) written by Michael Cheng and published by GRIN Verlag. This book was released on 2008-01-31 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2007 in the subject Business economics - Business Management, Corporate Governance, grade: A (95% of 100%), The American Central University, language: English, abstract: Since 1978, Deng Xiaoping succeeded to launch his economic reform program “Open Door” policy that encouraged foreign investments. It was the beginning of a new era for China. Deng’s idea was to open China to foreign investments in order to acquire resources, such as technology, expertise knowledge, etc... Deng promoted a socialist market economy with Chinese characteristics. It means that a market economy with decentralized public investment and a socialist framework of the society. However, he changed the political system as well, decentralized economic decision-making, and began legal and bureaucratic reforms. Chinese economy has experienced significant growth. There is no doubt that this economics expansion has been a direct result of Deng Xiaopeng’s “open door” policy. Foreign investments have rapidly increased and more factories were established by offering tax privileges, such as reduced import tariffs or tax exemptions for certain imports amongst others. In fact, among the developing countries, China is currently the one that attracts the most foreign investments. Joining the World Trade Organization (WTO) in 2001, China pushed this development even further.
Book Synopsis International Joint Ventures in China by : Y. Yan
Download or read book International Joint Ventures in China written by Y. Yan and published by Springer. This book was released on 1999-10-10 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate governance, namely the relationship between the ownership and control of firms, takes on new dimensions in the case of international joint ventures operating in the special context of China. The present study contributes a new examination of this relationship, firstly through its conceptual refinement, and secondly through original empirical research. It develops the concept of ownership as suited to joint ventures, in which account is taken of non-capital resourcing by foreign and Chinese partners.
Book Synopsis A Strategic Guide to Equity Joint Ventures in China by : Nigel Campbell
Download or read book A Strategic Guide to Equity Joint Ventures in China written by Nigel Campbell and published by Pergamon. This book was released on 1989 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book US Joint Ventures in China written by and published by . This book was released on 1987 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Negotiating a Joint Venture in China by : John Allee
Download or read book Negotiating a Joint Venture in China written by John Allee and published by . This book was released on 1998 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Foreign Joint Ventures in Contemporary China by : Michael Franz Roehrig
Download or read book Foreign Joint Ventures in Contemporary China written by Michael Franz Roehrig and published by Palgrave Macmillan. This book was released on 1994-10-15 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores how resident, foreign managers interact with the Chinese in government and business and how this interaction affects implementation of joint venture laws and policies. In particular the author investigates local level bargaining between foreign joint venture managers and sub-national bureaucratic actors and focuses on the policy adjustments and legal innovations that evolve from this process, despite conflicting objectives. Most notably, he examines policy implementors who strive to maximize and speed transfer of capital, technology, and management know-how while maintaining control over joint venture operations, and joint venture managers who develop countermeasures to maximize profit, such as improving product quality and increasing autonomy from the state. The result of this research is to give a convincing picture of how business relations are successfully sustained in one of the world's most vigorous and dynamic economies.
