COLLEGE OF TOURISM‚ HOTEL AND TRAVEL INDUSTRY MANAGEMENT Bachelor of Science in Travel and Tourism Management A Case Study on China Outbound Market In partial fulfillment for the requirement in World Tourism Information Tuesday 10:00 am-1:00 pm Submitted by: Bolivar‚ Rupert Jakenberg O. Brondial‚ Adelaine Sarrah A. Coderes‚ J Reneca Cruz‚ Lester C. De Guzman‚ Gian Stefan L. Malveda‚ Ria Joyce R. Villagomez‚ Jenjen M. Submitted to: Professor Argel Dela Cruz August 16‚
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THE CHINA STORY – PRESENTED BY GROUPS ‘D’‚ ‘E’ AND ‘F’ U nR eg China Unbalanced is te re d Second largest economy - $12.4 Trillion (PPP) ‚ $8.2 Trillion (Nominal) World’s Largest exporter and second largest importer China’s Trade Surplus - $426 Billion ($258 Billion from US) Savings 51% and Domestic Consumption 36% U Controlled Currency – High Export nR eg is te re Facts Largest Population – 1.35 Billions d The Chinese Economy nR eg Excessive
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CORRUPTION IN CHINA The domestic challenges facing China during the next few decades are enormous. China faces serious corruption‚ increasing mass unrest‚ enlarged polarization in the personal and regional income distribution‚ increased unemployment and insufficient social safety net‚ shortages of energy and key resources for economic modernization‚ massive migrations from rural areas to urban areas‚ extensive bad debt held by state banks and deep problems in the financial sector‚ excessive public
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While corruption is said to generate inefficiency and retard growth in a country (Ackerman‚ 1997)‚ China manages to deliver astronomical economic growth amidst rampant corruption (Li‚ Peng‚ 2001). To explain China’s puzzle‚ the essay first focuses on the causes of corruption and why it has yet to be eradicated‚ and then analyzes its economic impact in the short and long run. The rise of corruption in China can be attributed to the structure of its economic institutions. Starting off with a unified system
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CASE STUDY CHINA- Legal Growing Pains in a land of Opportunity The People’s Republic of China (PRC) commonly known as China‚ is the most populous state in the world with over 1.3 billion people. China is a single-party state governed by the Communist Party of China (CPC). Its capital city is Beijing. The People’s Republic of China is the world’s second largest economy after the United States by purchasing power parity($9.05 trillion in 2009) and the world’s fastest-growing major economy‚ with
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giant‚ had considered China the keystone of its marketing effort in Asia. Years of effort and the development of a large direct marketing organisation in that country had made operations in China its most profitable and most rapidly growing market in Asia. On 21 April 1998 senior company officials from the New York headquarters and throughout Asia had gathe red in Guangzhou for what was supposed to be a festive occasion. During the meeting William Pryor‚ Avon ’s head of China operations‚ was called
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these rites of passage will occur during the teenage years or their adolescent life. For some‚ a streamlined‚ painless transition is all that is unnecessary. However‚ many times major sacrifice is going to be in order for the individual to move on. Max Apple explores the struggles his character must go through to achieve her own initiation. In “Stepdaughters‚” by Apple‚ Stephanie must figure out who she is even through the face of opposition: her mother‚ Helen. The choices Stephanie makes are what
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China is infamous for censorship‚ which is utilized by the government to supervise social issues with problematic implications. Assumption that this policy is without exemption is ignorant to the complex social hierarchy of those that are considered “free-speech elite‚” an exclusive status grated to the ideological‚ intellectual‚ linguistic‚ and financial elite. Criticisms of the Communist Party of China are generally unwelcome and met with intolerance
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OSI in China: Pre-assignment If I were Stefan‚ I would choose to export the parts of the chicken that is not sold to OSI’s customers in China. I will go through each of the proposed options and share my thoughts on why it may or may not be a good choice. 1. Expand sales to current customers The only way to expand sales to the current customer base is to successfully come up with new processed items that QSRs’ customers will want to buy. Although it is stated that OSI is in the process
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Sustainable International Investment October 18‚ 2010 Editor-in-Chief: Karl P. Sauvant Editor: Thomas Jost Associate Editor: Ken Davies Managing Editor: Ana-Maria Poveda-Garces Inward FDI in China and its policy context by Ken Davies∗ After opening its doors to foreign trade and investment in 1978‚ China has become the largest recipient of inward foreign direct investment (IFDI) among developing and transition economies. The early policy of investment attraction by means of fiscal incentives and
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