Following this, there will be two main thematic areas covered in the course: I: Globalisation and contextual factors for doing business in China. II: Company considered opportunities and challenges. The role of Transnational corporations.
What can we expect in China in 12222?
Case examples of inward and outward TNCs. The relationship between macro economic development, market development and decision making b. Rule- and relationships-based governance: Conditions for rule of law and network influences in China and East Asia. Ad II: Company considered opportunities and challenges 1 Chinese philosophy and its influence on the strategy and leadership styles of East Asian businesspeople.
On completion of the course, the students should be able to reflect critically on how the institutional and spatial context affect manangement issues and business activities. The course covers two main topics; I: Globalisation and contextual factors for doing business in China. The course will consist of lectures, cases, group work, supervision and discussions. The content of the course is practise and theory-based. Students must be aware that cost for and connected with the trip to China is not covered by BI Norwegian Business School and students are expected to cover this cost themselves.
Student teams will make decisions on how to develop these cooperative processes, thus explore and learn from experimenting with strategic decisions.
Economic and Trade Information on Hong Kong | HKTDC
Students will engage in analysis, group presentations and discussions and write a reflection note on the outcomes of this process. This is a course with continuous assessment several exam components and one final exam code. Each exam component is graded by using points on a scale from The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the examination code course. It extends to toys, auto parts, pharmaceuticals, cell phones and other high-tech products. If you have a new product filled with secret, groundbreaking technologies, producing your product in China might be a bad idea.
Indeed, this is one of the greatest problems American companies face when considering doing business in China. Unfortunately, even if the government steps up its enforcement of IP theft, it is far more concerned with protecting Chinese companies than foreign ones. This means that while it might be more likely to step up enforcement of IP rights in cases where someone counterfeits a Chinese designer's products, it may still take the side of a manufacturer that has been accused of violating a foreign company's intellectual property rights.
As it stands right now, the judicial system is notorious for protecting Chinese companies that have been accused of illegal or unethical business practices at the expense of their non-Chinese business partners. Beyond getting protections for your business, it can actually be hard to stay on the right side of the law as a foreign company.
That's because the country suffers from a lack of transparency, and with many laws and regulations remaining unpublished, it can be difficult to jump through the bureaucratic hoops of doing business in China without actually knowing the details. This is why it is critical for anyone who does decide to do business in the country to first hire a local lawyer with experience helping non-Chinese companies with matters such as incorporation, intellectual property, licensing, etc. The government has some strict rules relating to how products can be designed, manufactured, sold and disposed, and it is very important that you work with someone who understands these laws, or you could end up in legal trouble.
Getting licenses and permits in particular is a notably difficult process for foreign companies in China, including securing product approvals, business licenses, investment approvals and more. Chinese companies often do not have the same licensing problems and are rarely subjected to lengthy or stalled approvals for these licenses and permits the way non-Chinese companies are subjected.
One of the biggest advantages of doing business in China has always been that it is a cheap place with which to work, particularly when it comes to manufacturing products. On top of that, the government has increased minimum wage and working standards for all workers, and the cost of land in cities has been increasing, meaning workers need more money to live. The U.
Higher rents don't just affect the workers who need more wages to live there, as you'll also need to pay more to rent or buy a property, particularly in large cities. Plus, the government has also been increasing taxes particularly on foreign companies to provide a security net for its citizens. Add on the facts that raw materials have also been increasing in cost over the last few years, and many products coming to the U.
If you're not just looking to manufacture a product in China but want to actually crack the local market, you're going to have an increasingly difficult time doing so since the number of Chinese companies has been increasing in recent years. Whereas local companies were once known for selling subpar products and services, these companies have been increasing the quality of their products to better appeal to the budding middle class of the country.
Problems associated with the current economic reforms and potential challenges China will be facing in the near future will be addressed in the end. An adequate understanding of the institutional contexts is crucial for business success in China. You will have a better understanding on how government-firm relationships, the fiscal reforms, different types of ownerships, household registration system, and various social organizations constrain or facilitate the free flow of production factors.
The Tough Choices for U.S. Tech Firms Doing Business in China
This course focuses on the distribution channel in B2B markets. Channel is one of the four Ps of the marketing mix, providing many essential services to end-customers that the firm cannot efficiently provide itself. But, the distribution channel is not just a conduit through which the firm reaches its end market. The channel members are customers in their own right, with their own needs. Thus, channel members are conduit, customer, and competitor rolled into one, and their motivations and objectives are often not aligned with those of the firm. This module is designed to expose the students to the history and status quo of the manufacturing industry in China, as well as the opportunities and challenges faced by Chinese manufacturing companies in such a dynamic environment of China.
Through a series of in-class mini-case discussions and value chain analysis, students will learn the strategies Chinese manufacturing companies took to move up the value chain. Students will also be exposed to various strategies Chinese leading manufacturing companies are undertaking to expand their business into the global market.
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She obtained her Ph. He received his Ph.
His research interests include economic sociology, organization studies, social networks, and social capital. His recent research on Chinese land banking, household finance, development of management literature, and corporate social capital was published in Management and Organization Review, Social Networks, Academy of Management Annals, and Research in the Sociology of Work. Hui Wang holds a Ph. His research interests include Industrial organization, Labour economics, Economic development, and Applied econometrics.
His teaching includes Managerial Economics, Chinese Economy, Principles of Economics, Advanced Microeconomics, and other professional training courses.
18 Oct 12222
She obtained her dual bachelor degrees and master degree from Tsinghua University, and her Ph. This three-tier approach ensures that students gain a general grasp of the Chinese economy, business, and history and culture. Further, DBIC program participants have a unique opportunity to engage with peers from top-tier universities around the world. As a global manager, the DBIC program was essential for developing strategies to expand our business in China.
The instructors and presenters were world-class with deep insight into the business aspects of China. It has been the most interesting class I have taken thus far in Business School, and it may turn out to be the most valuable as China has a big role in the future of world business. Company visits were awesome that we could network with those who did well in the Chinese market. A very educational and exclusive opportunity to study at Guanghua, one of the top business schools in Asia.
Learning from the experienced professors as well as classmates all over the world.
- Unit details;
- Resource Centre;
- beginning a research paper introduction.
- GRA 6838 Doing Business in China.
- Economic and Trade Information on Hong Kong.
Liked the program a lot! The discussion and presentation—based classes gave a lot of insights into how to enter and act on the Chinese market and gave us the opportunity to raise questions also on broader cultural issues.
The topics all seem highly relevant for foreign managers who want to do business in China! I especially enjoy networking with the participants from all over the world. DBIC program exceeded my expectations; it is undoubtedly the best way to experience China. Be prepared for full packed activities outside the classroom; company visits, sampling assorted Chinese food, cultural tours of The Great Wall, Tiananmen square, forbidden city, Terra-cotta warriors, Huangpu river night cruise and the crowning jewel- The song of Everlasting Sorrow Opera.
Learning how business is done in China involves a deep dive into the culture, history, current events and psyche of the Chinese people. I definitely recommend it to anyone considering attending. Coming from the U. After the program, I have a newfound understanding and appreciation for China culture and business.
The DBIC staff was extremely helpful and caring. The professors were very knowledgeable and taught us from an objective position, which I found refreshing.