China: this way up

Article Abstract:

China's explosive economic growth is attracting huge amounts of direct foreign investments. It is the world's fastest growing economy, posting an average annual economic growth of 10% since the mid-1980s. If it succeeds in maintaining growth rates of around 8%, China will replace the US as the world's biggest economy by 2025. The country's extremely robust performance has drawn in a total of $135.2 billion in actual foreign investment and commitments to invest totaling $394.5 billion in 1995 alone. Hong Kong and Taiwan are China's two biggest investors, accounting for approximately 75% of all foreign investments in the country. American, Japanese, South Korean and western European companies are also leading investors in China. The US, in particular, would like to increase its involvement in the Chinese market, but US-Chinese relations are strained due to such issues as human rights, trade deficits, copyright violations and arms proliferation.

Foreign investments

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China - a unique opportunity

Article Abstract:

China is still poor by Western standards, but the country has made dramatic improvements in living standards since 1949. China has opened its doors to foreign trade as part of its modernization program, but Great Britain has generally failed to take advantage of the opportunities presented by China. Britain lacks a coherent national policy for China. A Sino-British trade commission should be established, and a forum should be established in which individuals and companies with an interest in China can join to provide the basis for a national policy.

United Kingdom, Planning, International relations, International economic relations, Chinese foreign relations, British foreign relations, Great Britain

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The effect of channel relationship and guanxi on the performance of inter-province export ventures in the People's Republic of China

Article Abstract:

Chinese inter-provincial trade relationships are highly dependent on the entrepreneurs' personal relationships and friendships with each other prior to their venturing into a partnership. This trust-based relationship has a greater effect on their business relations as compared to commercial law. The latter is difficult to implement by virtue of the vastness of the country and its varied topographical features. However, friendships that were forged for purely business intents are deemed untrustworthy and manipulative.

Business Ethics, Social aspects, Marketing, Beliefs, opinions and attitudes, Interpersonal relations, Businessmen, Friendship, Trust (Psychology)

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