1. What kinds of advantages can Chinese companies obtain if they move production into the United States?…
Karami, M., Siahpoush, M. and Olfati, O. 2013. ‘How Consumers Perceive the Products Made in China: A Case Study of Iran’s Apparel Market’. International Journal of China Marketing. 3(2): 118-135.…
Deluxe: How luxury lost its luster, by Dana Thomas, brings a hard hitting, raw look at the world of luxury and the mass demand of luxury that has occurred. The book was published by the Penguin Group in 2007. Luxury is defined by Thomas as truly special, and was only available to the aristocratic world of wealth and old money in western culture. Luxury signified an experience and lifestyle that denotes royalty, fame, and fortune. However, with large companies owning the former family-owned luxury producing businesses, profits are the main goal not the production of luxury. Thomas reveals the unfortunate demise and rise of traditional luxury companies. Wherever she looked, it seemed as though everyone owned some kind of luxury product. She asked herself, when did brands such as Chanel, Gucci, and Prada become so widely used and available to anyone anywhere? Thus, the beginning of her research into the world of luxury and her book, Deluxe: How luxury lost its luster.…
Would US companies be better suited trying to "go it alone" in China or to partner with a company that will provide tangible assets and other services for the US-based MNC? What stumbling blocks might exist when partnering with a company in China?…
StudyMode. 2011. Shanghai Tang: the First Global Chinese Luxury Brand, Available: http://www.studymode.com/essays/Shanghai-Tang-The-First-Global-Chinese-579959.html (accessed 1 May 2013)…
Louis Vuitton is positioned as a luxury brand with the steep prices and the glamorous prestige that appeals to wealthy Chinese and even the China’s middle class.…
Nowadays, there is a trend that US targets buyers of China-bound luxury cars for the reason of a looking to profit from growing demand in China for cars from the likes of Mercedes, BMW and Range Rover. According to The New York Times, a business man named Michael Downs has done this business for three year old, he buy new cars from dealerships in the US, then sells those vehicles to other companies, which ship them to mainland China. For example, once in China, the cars that retail for $55,000 to $75,000 in the US, after reselling can be as much as three times than those prices. According to him, “ we’re taking advantage of a legitimate arbitrage situation.” But to the federal government’s opinions, like Mr. Downs’s businesses are potentially violating customs laws and deceiving auto manufactures like BMW and Mercedes-Benz, which try to keep tight control over sales to domestic dealers and to foreign countries like China. According to The New York Times, last year, the federal prosecutors and agents with Secret Service and the Department of Homeland Security began to research and a wild range of crackdown on this “ gray market” export business, which is estimated by some to be responsible for sending the amount of 35,000 new luxury cars a year to mainland China from United States.…
In the past 20 years, China’s real estate industry has gradually become one of the leading industries and has an increasingly important position in China’s economic development. At the same time, the real estate industry is also a source that causes an overheated economy in which economic productive capacity is unable to keep pace with growing aggregate demand. It has become one of the key industries, though it is in need of government intervention. In recent years, it is obvious that the housing prices in different cities in China continue to increase. For many buyers, a house is not a place to live, but is merchandise that can bring huge profit and is worth investing in. As a result of this over-investment, more and more people who really need houses to live in cannot afford to buy houses. The inflated housing prices bring a lot of social problems, the primary one being class conflicts. The Chinese government has already realized the problem and every year it comes out with some relevant policies to stop house prices increasing, such as increasing loan interests for buying a house, tightening mortgage limits of house loan, and shortening the installment time limits in order to discourage investment in housing. Even so, the housing price problem still is not solved. In my paper, I identify what caused the Chinese housing prices to become artificially inflated. I use my research sources to explain why some of government policies have failed and some are effective. Finally, I am going to make a prediction about the influences of new policies as well.…
Shanghai Tang later entered an agreement with the Richemont Group which is a famous Switzerland-based luxury goods maker. David Tang thought Shanghai Tang would become China’s first international luxury brand. Like other ambitious entrepreneur, in Nov 1997, Tang opened the first Shanghai Tang store on Madison Avenue in New York USA. However, things were not going the way it was supposed to. Not many people liked what Shanghai Tang was selling. Unfortunately, the financial crisis worsened the situation, and it had to scale down the business. By 2001, Tang had reduced his stake in Shanghai Tang to near 5%, so the Richemont Group took control of the company.…
Consumer and Travel Trade Research in China Quantitative Report April 24, 2006 © Decima Research Inc. | decima.com | ISO 9001:2000 Certified 1 Proprietary Warning (Decima) The information contained herein is proprietary to Decima and may not be used, reproduced or disclosed to others except as specifically permitted in writing by the originator of the information. The recipient of the information, by its retention and use, agrees to protect the same and the information contained therein from loss, theft or compromise. Toronto Ottawa…
According to the latest survey by China General Chamber of Commerce, Suning and Gome topped the 2011 list, in terms of sales, of the biggest 100 retailers in white goods.…
- The success of international fashion brands opens up new opportunities for international mass market and value led brands in clothing and footwear in China.…
Japan's leading brand from Japan called UNIQLO is one of the successful company and worth to learn. UNIQLO would like to enter to Asian market but is not easy for them to enter the market. The low-priced brands can be profitable but not for long-term.…
The economic theory of wages is applied to the Labor market and shows how the market is influenced by supply and demand for both goods and services produced as well as other factors. The market structure for which the economic theory is applied to, will also create differences in the final results. As such, wage determination and differentials as well as trade union power and monopsony power are different in imperfect markets than in perfect markets. The extent to which the economic theory of wages is of use in explaining wage differentials will be assed in this essay.…
CHINA is a country in East Asia bordering the East China Sea, Korea Bay, and South China Sea. Neighboring countries include Afghanistan, Bhutan, Burma, Hong Kong, India, Kazakhstan, North Korea, Kyrgyzstan, Laos, Macau, Mongolia, Nepal, Pakistan, Russia, Tajikistan, and Vietnam. China has a diverse terrain with mostly mountains, deserts in the west and plains in the east. Principal rivers flow west to east including the Yangtze and Huang He rivers. With an area of about 9.6 million km², the People 's Republic of China is the 3rd largest country in total area behind Russia and Canada, and very similar to the United States. Based on the population and the total area of the country, the population density of China in 2014 is estimated to be about 145 people per square kilometer or 375 people per square mile. There are over 50 different nationalities living in China. The majority (94 percent) are Han Chinese; the other groups include Tibetans, Mongolians, Uyghurs, Zhuang, Li and Miao whose languages and customs are quite different from those of the Han. The capital city of China is Beijing. There are over 160 cities in China with a population over one million. Many types of Chinese…