The Assignmnet/Essay is divided in two questions:
1. Threats foreign companies face when investing in China and what Chinese authorities are doing to combat them
In 1978 China introduced the Open Door Policy which was the first step to open up the Chinese market to international trade. The economic reforms during the 1980s caused China’s growth rate to increase rapidly. The policy encouraged many Chinese firms to export their goods to Western companies and also Foreign Direct Investments (FDI) increased heavily. (Wei, 1995) China’s entry to the World Trade Organisation (WTO) in 2001 the business opportunities for foreign companies in China grew. Western firm are keen to enter the Chinese market and to make use of these opportunities in the future. (Al-Khatib, Vollmers and Liu, 2007)
2. Sustainability of the current rapid growth in the Chinese economy
China is undoubtedly known for its currently strong economic growth rate with has been on average 9% during the past years. This rate is not only high at Western European standards but also compared to other developing countries. The main reason for this development has been the effort China put in its integration into the global economy. (Zhang, Wu and Sanders, 2007) According to Yang and Lee (2002), China has a high potential for growth and it is becoming one of the biggest markets for international businesses. In order to rate this outlook, the factors in the Chinese economy that caused this development have to be assessed.
Inhaltsverzeichnis (Table of Contents)
- Threats foreign companies face when investing in China and what Chinese authorities are doing to combat them
- Intoduction
- Threats
- Intellectual property rights.
- Corruption
- Local competitors.
- Foreign competitors.
- Protectionism
- Measures
- Introduction..
- Protecting Intellectual Property Rights.
- Combating Corruption
- Making Local Competition fairer
- Allowing for fair Foreign Competition .……………………..
- Reducing Privileges through Protectionism
- Sustainability of the current rapid growth in the Chinese economy
- Introduction......
- Factors influencing growth.......
- Demography
- Country Politics.........
- Country Economics.
- Economic Institutions
- Incentives
- Technology
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This text explores two key aspects of the Chinese economy. The first part examines the challenges faced by foreign companies investing in China and the measures taken by Chinese authorities to mitigate these challenges. The second part investigates the sustainability of China's rapid economic growth, exploring the factors influencing this growth.- Challenges faced by foreign companies investing in China.
- Governmental measures to combat these challenges.
- Factors influencing the rapid growth of the Chinese economy.
- Sustainability of the current rapid economic growth.
- Impact of Chinese economic policies on foreign investment.
Zusammenfassung der Kapitel (Chapter Summaries)
The first chapter provides an introduction to the challenges faced by foreign companies investing in China. The second chapter delves into these challenges, including intellectual property rights, corruption, competition from local and foreign companies, and protectionism. The third chapter examines the measures taken by Chinese authorities to address these challenges, such as protecting intellectual property rights, combating corruption, ensuring fairer competition, and reducing protectionism. The fourth chapter introduces the factors influencing China's rapid economic growth, such as demographics, politics, economics, institutions, incentives, and technology.Schlüsselwörter (Keywords)
The main focus of this text lies in the challenges faced by foreign companies in China, including intellectual property rights protection, corruption, competitive landscape, and protectionist measures. It further examines the key factors contributing to the rapid economic growth of China and explores the sustainability of this growth. Key terms in this context include foreign direct investment, intellectual property rights, corruption, protectionism, economic institutions, incentives, and technology.- Quote paper
- Katja Assenmacher (Author), 2010, Chinese Economy, Munich, GRIN Verlag, https://www.grin.com/document/174868