Challenges Face by Malaysian Companies Investing In China
I. Attention Grabber
Most of us will think that China is an ideal place to expand business due to its fast growing economy and a big potential market. Do you know that investing in China also meaning you have to deal with some tough problems? II. Reveal Topic
Today, I would like to talk about the challenges face by Malaysian companies investing in China. III. Relevance Statement
Some of the Malaysia companies investing in China are Unisem Co. Ltd, Parkson Retail Group Ltd and Hytex Integrated Bhd. They realize that China is a country full of opportunity for business growth because of its fast growing economy and it has 1.3 billion people and they are increasingly entering the middle class meaning they will have more money in their pocket. In fact, the purchasing power of China ranked second in the world just behind U.S. So much for the introduction, now let me show you the challenges faced by these companies.
IV. Preview of Main Points
Some of the challenges faced by Malaysian companies are:
(a) Facing local protectionism
(b) Intellectual property violation
(c) Dealing with corruption
[ Let me start with the first challenge facing local protectionism. ]
I. Facing Local Protectionism
A. Define protectionism
i. A practice of protecting domestic goods and service industries from foreign competition. ii. Domestic producers are not exposed to foreign competition, and can therefore keep prices high. B.
China market are heavily regulated
It is like a bureaucratic maze for foreign investor
To hamstring foreign investor
[ I will move on to the second issue which is the intellectual property violation. ]
Intellectual property violation
Define intellectual property
Referring to a number of distinct types of creations of the mind for which a set of exclusive rights are recognized. ii....
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