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Doing Business in China

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Essay title: Doing Business in China

PROFESSOR: JUAN ESPANA

STUDENT: TIFFANY NGUYEN

MGT 680 INT’ BUSINESS EXPERIENCE

CHINA STUDY TOUR

MARCH 2008

NATIONAL UNIVERSITY

Chinese culture and doing business in China

TABLE OF CONTENT

PHASE 1: RESEARCH THE HOST COUNTRY CHINA

• Facts about China page 3-21

PHASE 2: EXPERIENCE IN THE HOST COUNTRY

• China in person page 22-49

PHASE 3: FINAL REPORT

• Reflection and conclusion page 50-64

PHASE I

FACTS ABOUT CHINA:

Total Land Area:

9,596,960 sq km

* Slightly smaller than the US

Land boundaries:

22,117 km

Coastline Boundaries:

14,500 km

Climate:

Extremely diverse; tropical in south to sub arctic in north

Terrain:

Mostly mountains, high plateaus, deserts in west; plains, deltas, and hills in east

Elevation extremes:

Lowest point: Turpan Pendi -154 m

Highest point: Mount Everest 8,850 m

Natural resources:

Coal, iron ore, petroleum, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium, hydropower potential (world's largest)Natural hazards:

Frequent typhoons (about five per year along southern and eastern coasts); damaging floods; tsunamis; earthquakes; droughts; land subsidence.

Age structure:

0-14 years: 21.4% (male 148,134,928/female 131,045,415)

15-64 years: 71% (male 477,182,072/female 450,664,933)

65 years and over: 7.6% (male 47,400,282/female 51,886,182) (2005 est.)

Median age:

Total: 32.26 years

Male: 31.87 years

Female: 32.67 years (2005 est.)

Religion:

Daoist (Taoist), Buddhist, Muslim 1%-2%, Christian 3%-4%

note: officially atheist (2002 est.)

Languages:

Standard Chinese or Mandarin (Putonghua, based on the Beijing dialect), Yue (Cantonese), Wu (Shanghaiese), Minbei (Fuzhou), Minnan (Hokkien-Taiwanese), Xiang, Gan, Hakka dialects, minority languages

Literacy:

Definition: age 15 and over can read and write

Total population: 90.9%

Male: 95.1%

Female: 86.5% (2002)

Unemployment:

4.2% official registered unemployment in urban areas in 2004; substantial unemployment and underemployment in rural areas; an official Chinese journal estimated overall unemployment (including rural areas) for 2003 at 20% (2004).

Labor force:

798 million (2006); agriculture 45%, industry 24%, services 31% (2006 est.)

Exports:

$974 billion f.o.b. (2006 est.): machinery and equipment, plastics, optical and medical equipment, iron and steel.

Imports:

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