they attracted TNCs by the use of cheap labour and ease of entry
china's stability is now beginning to get better china is making a lot of money on the things they export to Canada and the USA
The Dollar Diplomacy
Business in the Peoples Republic of China, combined with a hospitable central communist government has helped this nation to become the second largest economy in the world. The two entities mentioned have helped improve China's GNP & GDP to a large degree. The government has allowed a stock market in China's largest city, Shanghai. Future growth is highly dependent on outside contracted with international companies that wish to take advantage of China's location and lower labor costs. The greatest need however, is to increase the GDP so that more people can take advantage of the GNP.
Global economy refers to the expansion of economies beyond national borders, in particular, the expansion of production by transnational corporations to many countries around the world. The global economy includes the globalization of production, markets, finance, communications, and the labor force. Global competition is effecting on the US economy in several ways. First many of American companies moved to China because of cheap labor and more profit. More and more American companies are investing in China and India.As a consequences,people living in America like us looses job and makes harder to get the job. Prices are going up while there is no increase in paycheck.So , this leading us poverty as number of competition increases.
Everything that involves money. In China they have planned economy and the government carefully checks every business, taxes them and sometimes supports them.
N. T. Wang has written: 'Chinese Legal Framework for Foreign Investment and Its Implications (China International Business)' 'China's modernization and transnational corporations' -- subject(s): Economic policy, Foreign economic relations, Government policy, International business enterprises 'Yi guan sheng shi cun'
ghana exports their goods to different countries especially india and maybe china transnational companies......
China carrying out privatization by selling the state corporations to private owners. This means that the government will relinquish the control of these entities.
make eye contact, then raise your hand.
China Europe International Business School was created in 1994.
to attract foreign investment and technology to China
To protect the ability of business to continue trade with China
Many big corporations have manufacturing plants overseas: Apple (Foxconn and other in China and Taiwan), Ford (in many countries), Dell, Hewlett-Packard, Xerox.
The Chinese government has opened up China to Western Business and Industry. It maintains China.
China is a great business partner.
Of course not. EMS is a business belonging to the government of China.
China is unlikely to become a melting pot in the same way that countries like the United States have, due to its strong emphasis on maintaining cultural homogeneity. China values its long history and traditional cultural identity, which may lead to more assimilation rather than integration of diverse cultures.