Multinational Business in China

Multinational business in China 30 years ago, “China” was a well-knowing name that had entered people’s life all over the world, by the images of “Made in China”, “Factory of world”. China is the oldest country which has long history, lot of tradition, and multicultural heritage. Also China is the third largest land nation with rich natural resources, and the largest population about 1.3billions people. About the geography of China - located east Pacific coast of Asian mainland; northern border on Mongolia and Russia; western China expand to the Tibet highland, Pamir and border to, India, Bhutan, Nepal, Pakistan, Afghanistan, Tajikistan, Kyrgyzstan, Kazakstan; southern to the south China sea, southwest border to Vietnam, Laos, Burma; China expand continental shelf to east China sea close to Japan, and Korean peninsula lies the east of China. Even though China has rich natural resources, large amount of manpower, good geographical position, and so many good profile surfaces, China still a developing country because China had go through a hard time during the 20th century. Early 20th century, China had been though two main wars, first China fight for Japanese aggression; and the civil war. Although, China get the peace time after 1949, the new Republic of China have been found; China still in the situation of the social disturbances, economic depression and large amount of people loss because of the wrong policy. Until the 1980’s, the government had quickly reform the country, China had canvass many foreign company to make an investment to the new market. By the more than 30 years efforts, China is the awaken giant that the economic boost in unthinkable speed; moreover, China is the second largest economic system which after US and pass Japan. Nowadays, China is becoming the most competitive battlefield where world class successful companies are interested. Some companies succeed in expanding multinational business in China by creating competitive advantages,

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