Table of Contents Table of Contents 1 Introduction 2 FDI in China: The Awakened Dragon 5 China: A Haven for Foreign Investors 8 China’s Mining Industry: In Focus 11 The Status 11 The Rise of China’s Demand 14 The Possibilities in Chinese Mining Industry 20 Conclusion 22 References 24 List of Figures Figure 1 p…
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China’s open door policy does not only serve as the catalyst for the robust economic growth of China, it is considered as the primary impetus, strongest and decisive factor catapulting China as one of the most powerful economy in the 21st century (Chen 2012; Liu and Daly 2011; Yao 2006). This supposition is maintained on the premise that with the open-door trade policy of China, the country has become the preferred country of foreign investors and as such, recipient of numerous foreign direct investments (FDI) (Yao 2006). From 2000- 2011, China received the largest FDI inflows compared with other developing or transition economy (Davies 2012). In 2011 alone, China’s FDI inflows has reached US$124 billion compared with other countries such as Brazil with US$ 67 billion, Russia with US$ 53 billion, Singapore with US$ 64 billion, and India with US$32 billion (http://stats.unctad.org/fdi/). This shows the continued confidence of investors to China. China’s good performance in the 1997-1998 Asian crises and the recent global economic slump affirms the view that China’s economy is resilient and China offers a reliable risk-avoidance haven that is suitable for international investors (Davies 2012) as the country continuously moves towards becoming the world’s largest economy (Davies 2012). In this regard, the research will look into the impact of FDI in China with specific focus on the mining industry. This is important, as China is responsible for the net growth in world demands since 1995 (Evans –Pritchard 2012). In fact, just recently, China’s growth contributed to the appreciation of copper in the market (Rowley and White 2012).However, Rio Tanto has announced cost-cutting measures in operating costs across the business amounting to $ 5 billion by 2014, while BHP Billiton is diversifying its portfolio (Rowley and White 2012). In addition, there is apprehension across the mining industry since China is shifting to “modern, sleek, consumer and service driven economy” (Evans-Pritchard 2012, ¶ 9). The slowdown in China’s economy and macro-volatility of the global market feed the apprehensions in the mining industry On the other hand, Vivoda (2011) argues China is mining industry continuous to lag behind other industries in terms of foreign investments. In fact, the government consistently reforms and rectifies foreign trade policies to attract investors in the mining sector of the country; nonetheless, foreign investors steer away from China because of uncertainty and lack of transparency within the mining industry (Suxun and Chenjunnan 2008). In the face of this dichotomy in position pertinent to China’s mining industry and FDI, the research may help in clearing some concepts that conflates the trepidation concerning China’s economic slowdown. In addition, some limitations are observed in terms of focus in existing literatures that deal with the issue (Vivoda 2011). Most literatures tackle specific country/ regional concerns or undertake comparative studies (Vivoda 2011). In this regard, the study contributes to the existing literature, as it will try to explore the developments within China’s mining industry vis-a-vis FDI and understand the impact of the industry to the country as China moves towards bec
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China has one of the world’s fastest growing economies that has attracted large amount of foreign direct investment over the last two decades. It has recorded the highest foreign development among the developing countries since 1993. Out of raw estimates, Chinas total amount of cash it has invested in FDI amounts to 488 billion US dollars between 1988 and 2003.
In order to attain the aim of discovering real reasons behind the growth in FDI in China, the following objectives are examined in the article. These includes: a review of the factors in FDI movement globally, an analysis of the trends in FDI in China and India, an observation of the differences between situation in this sphere in these countries.
Where next for Grant Garden Centres .Introduction Following its inception over four decades ago, Grant Garden Centre has been under family management. The centre has, however, undergone several structural changes over this duration of time. For instance, at the beginning, the establishment was known as Farmoor Garden Centre before the founder left it to his son, John Grant.
Where next for Grant Garden Centre Contents Introduction 3 External environment Analysis 3 Environmental 3 Technological 3 SWOT Analysis 4 Recommended Action Plan 4 Human Resource 4 Marketing and Communication 5 Business Structure and Operations 5 Finance 6 Overall organizational Diagnosis Brief 6 References 7 Introduction The present study looks to analyze the modus operand of the business of Grant Garden Centres Ltd.
The book also illustrates how oil was the most significant among the non-human resources that drove the 20th century economy among nations, as well as organizations, considered to be industrial powers.
While the policy by the United States has remained almost unchanged for most of the period under consideration, the circumstances they are always designed to address have changed dramatically. These include the complex political changes that have occurred in both Taiwan and PRC such as changes in the military balance and change of economic fortunes as well as the connection of economic interests.
The indigenization of the biblical dragon is considered as superstitious and heterodox by Chines political leaders, as well as some Protestants as well. The dissonance between the biblical and the Chinese dragons continues to be a challenge for Christians as well as for the greater Chinese Community.
It can be inferred to a certain degree that the large influx of foreign direct investment of the developed countries of the world has largely impacted the positive economic development in these regions as well. As such, it is important for the
at china is injecting funds into and enterprise that in a different country the text discusses on the main targets of the FDI and the interest of the chine managers. The Chinese managers see FDI as a way of upgrading technology and augment earnings (Morck, et al. 2007). With the
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