Chinese are exporting to India a wide range of low-cost consumer goods that have a mass market in India such as kitchen-ware‚ textiles‚ electronic items‚ furniture‚ toys‚ cosmetics‚ footwear and accessories. In fact in the last four years‚ there has been a deluge of cheap imports from China tyres‚ bicycles‚ watches and clocks‚ toys‚ plastics and dyes‚ and bulk drugs In the very near future Indian scooter and motorcycle manufacturers are going to face stiff competition from the Chinese. The sector
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FOR BRAZIL‚ Russia‚ India and China‚ the acronym is BRIC. Out of these four counties the last two ‘IC’- India and China - are in limelight in the eyes of worldwide investors. Chinese dailies are full of the news of huge market capitalisation of top five Chinese companies‚ one of which (Petro China) has created a world record by being first company of the world to have market capitalisation of over one trillion dollars. This article compares the two hot countries of Asia. Comparison of economies
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The importance of doing green business. Here in Russia we consider that the slogan “Go green!” is one of the most important mottos for many western companies. Nowadays it is getting really trendy to do green business and to follow the rule “Think globally‚ act locally”. And actually I want to believe that it is not a cheap marketing move to attract more and more customers but these companies really work this way. I absolutely do not want to find out in one fine day that all sustainable manufacturers
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the Eastern Cultures of Indian and China. These have to do with the adaptability of religion and focus on discipline and work culture. Not all world religions are equally open to economic changes. The adaptability of a religious tradition may be measured by whether its sacred texts are open to translation and interpretation. This was not the case with Buddhism‚ Confucianism or Hinduism. There are various books and interpretations of Hinduism and Budhism. In India‚ Hinduism does not have any element
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Business ethics is not just a set of rules that dictate how to behave on business meetings. In extreme situations‚ it is the key to the success in negotiations‚ but its ignorance can cause failure of the entire undertaking. Especially when parties that attempt to cooperate are different culturally and mentally‚ as in the case of ’western countries’ and the Middle Kingdom. Social bond as a base for successful business Chinese entrepreneurs are characterized by pro-social approach. This means that
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internet in doing business Convenience Reduced or no face to face contact with the customer. The business schedules time for customer response rather than being at the demand of the customer ‚ as in telephone or face-to-face contact Business can attend to their customers at any time‚ not just during normal trading hours Via social network‚ business can not only communicate with customers quickly but also retrieve customers’ feedback immediately and directly. Savings No shop rent if business is only
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long-term investment in China Introduction Every country has its own rules and regulations according to the needs‚ requirements and environment of the business in that country. So for any company‚ thinking to expand the span of business to another country and wants to invest for long term in that country‚ especially where production in that country involves‚ it is very important to understand the business environment‚ government policies‚ restrictions and future perspective of business in that country
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China and India’s Role in Asia and the Rest of the World SOC 335 Throughout history there have been many nations who have had great influence on modern society‚ although none have been as impactful as China and India. From ancient to contemporary times the effect the two nations have over not only Asia but the entire world is acutely impressive by historical standards. In this essay the spread of language‚ religion‚ and economic growth created by China and India throughout history
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1. India Rising Pointers * India’s per capita income increased at only around 1% annualized rate from 1950 - 1980 * In the late 2000s‚ India’s growth has reached 7.5%‚ which will double the average income in a decade. * The highest annualized 1999-2008 growth rates are for states Gujarat (9.6%)‚ Haryana (9.1%)‚ or Delhi (8.9%) and lowest Bihar (5.1%)‚ Uttar Pradesh (4.4%)‚ or Madhya Pradesh (6.5%). * India is the eleventh-largest economy in the world and the fourth largest by purchasing
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In 1000 BCE to 600 BCE‚ China and India developed similar and different characteristics. China’s political structure was more rigid‚ reflected by their belief systems‚ while India’s loose governing relied on Hinduism to bring unity. Both China and India shared similar social developments in the deepening of a patriarchal system which belief systems worsened the conditions of women’s rights. China and India’s had different political structure because China’s rigid government rule was justified by
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