OU‚ ROBERT M. DAVISON Why eBay Lost to TaoBao in China: The Global Advantage electronic commerce involves electronically-facilitated transactions between consumers through third parties.9 In China‚ a number of C2C platforms have emerged‚ such as eBay (China)‚ TaoBao and PaiPai. TaoBao‚ established in 2003‚ has quickly assumed a dominant position in this market‚ underlined by the December 2006 decision by eBay to quit the C2C market in China altogether‚4‚ 8 merging its China operations with those
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In 1949‚ the Nationalist party of China‚ the Kuomintang (KMT)‚ fled from mainland China after a civil war with the Chinese Communist Party. The KMT’s failure was due to poor management and widespread corruption within the party. In 1912‚ the last Chinese Emperor abdicated‚ with many parts of China resisting Imperial rule. With this abdication‚ China disintegrated into various smaller provinces‚ each one rules by a different warlord. Around this time‚ two political parties formed. One was a Nationalist
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all correspondence to Dr Li-Qun Wei‚ Department of Management‚ Hong Kong Baptist University‚ Kowloon Tong‚ KL‚ Hong Kong‚ E-mail: weiliqun@hkbu. edu.hk. IKEA in China: Facing Dilemmas in an Emerging Economy In mid-2003‚ the president of IKEA China‚ Ian Duffy‚ and some executives were discussing the market strategies of IKEA China in their Beijing office. After a review of IKEA China’s market development‚ the executives brainstormed about possible solutions for the difficulties experienced in the
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Doing Business in China The role of government when doing business in China is very important. It is especially important if you are from a different country‚ such as the United States‚ because the approaches to dealing with the government are much different. There are many factors in which should be considered when dealing with business related issues with the government. These include whether or not your business strategies go along with the plan the government has for Chinas development‚ understanding
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What is a gospel‚ and why were the canonical gospels written? What is a gospel? A gospel is a narrative that describes the life of Jesus. The most commonly known gospels are the four canonical gospels of Matthew‚ Mark‚ Luke and John. The gospels are considered to be a revelation from God and are central to the Christianity belief system. To the first Christians it would have been a surprise to see a book called gospel as for them the word gospel would have meant to gospel message. The word
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CHINA- Pegging and its main issue Before we understand the role that pegging of RMB plays in the upliftment of the Chinese economy we need to understand the pegging. Pegging is an idea of fixing the exchange rate of currency with the value of another’s country currency or to a basket of value‚ generally a small economy peg its currency with the currency of big economy so as to stabilize the value of the currency. The main issue to deal with are 1) The impact of pegging on china and other
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stay that determined their ability to grow‚ and flourish‚ or be left behind in terms of welfare. So‚ why exactly were the Europeans able to conquer the America’s‚ and why is it that they are said to be “accidental conquerors”? To start‚ at that time‚ the America’s were settled largely by Native Americans of course‚
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Overpopulation in China Taking into consideration China’s robust economic growth over the last 20–25 years‚ there is little reservation that China’s has had positive impacts on the economy. Because of the increase of the Gross Domestic Product (GDP)‚ China has saved over 400 million people from definite poverty between the years 1979 to 2005 (The State Environmental Protection Administration‚ 2007). Despite this economic growth in urbanization and industrialization‚ there have arisen major concerns
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thousands of dollars off of it. The CBS news story covers why truffles are so expensive and also‚ it covers how the Chinese try to replicate these truffles and sell them to Europe and America. They label their product as if it is the same product that Italy and France produces. This has cause a lot of tension in between Europe and China. I agree that France and Italy should be upset but I also disagree. The next few paragraphs will elaborate on why. It’s
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Why were doctors still reading Galen in 1400? Galen was a Greek physician who revived the wok of Hippocrates and other Greek doctors. Galen died in the Roman era but his work was still read in the medieval times. Regression in medicine was caused by many factors including war and religion which meant that doctors had to use cures and theories that had already been discovered such as Galen’s theory of the 4 humours and opposites. Due to lack of progress in the past 1000 year’s doctors continued to
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