Thanks to the Tianjin Municipal Government for its outstanding contributions to education, medical care, and public construction, which makes my life, in Tianjin, is comfortable and enjoyable. However, one problem still affects my life which is water pollution. Tianjin is an industrial city, and many plants are built in Tianjin. Each plant produces a large amount of industrial sewage every day, but not every plant has a sewage treatment system. Although the economy has been developing, the quality of water in Tianjin is decreased year by year.
Chen, Chang & Lee (2015) survived 293 entrepreneurs of creative industry in Taiwan. Their studies found that entrepreneurs’ guanxi networks provide resource and information accessibility, especially government ties have a great impacts in availability of resources for entrepreneurs (Wang & Lestari cited in Chen, Chang & Lee 2015). Theses accessibility and availabilities leads to increase venture success (Arribas 2013; Chen,Chang & Lee 2015). Also, these would assist to develop firm’s creativity and create to social reputation (Chen, Chang & Lee 2015). Similarly, Tang and Cheng (2012) found guanxi can obtain information and resource that can be competitive advantage for Chinese construction SMEs, because guanxi networks help to able to purchase equipment in low cost and share expensive equipment within guanxi
The purpose of Sheng Siong's expansion plan is to make itself more accessible to consumers and gain more shares in the market. Making use of the opportunities arising from economic and social condition, it will help to reduce the cost price which provides competitive advantage for Sheng Siong to thrive in its business. With the resources given and opportunities provided, Sheng Siong is able to triumph over the competitive disadvantage and
The Tiananmen Square rebellion had an immediate effect on China’s foreign relations. “Together with its allies, the United States quickly imposed a series of diplomatic and economic sanctions against China” (The National Bureau of Asian Research). With declined tourism and withdrawing foreign investments, China’s GDP growth rate dropped from 11 to 3%. As a result, China wanted to over come the to international isolation, and to rebuild relationship with foreign countries and regain access to international markets and investments. Over time, China has gradually regained the relationship through communication, compromisation, and restored affairs.
¨Globalization has become, ?farther, faster, cheaper, and deeper¨ as stated by the author Thomas Friedman. Modern day technology has been another main driver to increase education and communication between civilizations of different geographical settings, promoting the exchange of ideas, information and professional ?savoir-faire?, leading to greater productivity and quality outputs. The continuous evolution of technology provides people connectedness as well as being better informed, hence, being one of the main reasons for the growth of globalization. Moreover, it empowers global civilians to take possession of their economic lives, stay on top of international trends and settings. The Controversy There seems to be no adequate response as to whether globalization is an amazing development or a complete disaster, when searching for it?s centre of gravity.
China needs resources for new industries, which it can extract from the land it acquires from poor countries. For its products, China needs market, and the purchasing of land allows China an easy access to local markets. However, the most important advantage is its ability to expand the strategic interest. For example, China must keep sea lines of communication open in case of exigencies, which requires it to establish a foothold in the Indian Ocean. Consequently, the powerful countries are the main beneficiaries of the land lease.
China also manufactures for business from other countries. Raw materials are shipped to China and then assembled in factories before shipping it back to the countries. Globalization has helped China’s economy a lot because without globalization, China wouldn’t have made money from all the manufacturing. (www.useconomy.about.com) Socially Globalization has greatly impacted China’s social connection to other countries around the world. This happens because globalization allowed exports and imports to run more freely.
Globalization has undoubtedly brought China more wealth and power, but it has also generated a host of other effects, both positive and negative. First and foremost, one must acknowledge the plainly visible fact that the Chinese economy has grown exponentially since the process of integration into the global economic system began. China 's comparative advantages, particularly in the labor sector, has transformed it into the second largest recipient of FDI in the world.1 Over the course of the last 20 years, exports have grown approximately 17.1 percent per year.2 This ultimate result of this investment and trade has been an overall growth rate 8 percent per annum,3 which would have been completely unattainable without the country 's engagement in globalization. Foreign investments have
Millions of people have moved from rural areas into cities in recent years. A carefully controlled capitalist enterprise, which goes under the rubric of “socialism with Chinese characteristics”, has enable China to become the world’s second largest economy. The blossom in economy led to the biggest real estate boom in the country. Beijing has become the city with one of the highest housing price in the world. London is also going through a real estate boom.
Introduction The Hanjins shipping company is the largest container shipping company in the worldwide and it is number one in the Korea. And it is established in the South Korea in 1949 and the United States. Moreover, the Hanjins shipping company exposed for financial large wherever it lost the shares of great of their company with it recourse to request protection from bankruptcy. In this assignment I am going to write about The Shipping Industry and Hanjin. I will focus in many points which are the impact of Hanjin’s circumstances to the international shipping community, Predict the reaction of Hanjins’ competitors, Generalise the opportunities available to Hanjins competitors, Estimate the consequence of Hanjins case to ship owners and