How can we explain the international expansion of Chinese business Essay - 1

How can we explain the international expansion of Chinese business Discuss using a big business group example(s) to illustrate your argument - Essay Example Both push and pull factors have contributed to the international expansion of Chinese business. China opened up its economy in the 1970s and gained accession to World Trading Organization (WTO) in 1990. Because of the locational advantages that China offered, it received huge inward FDI (foreign direct investment) flows since the mid-1990s which has been one of the reasons for outward FDI (OFDI). Inward FDI resulted in massive foreign currency reserves (Andersson and Wang 2011) while the MNCs in China also provided the much-needed technical know-how, competence and confidence to the domestic companies to venture overseas (Bhuiyan 2011). China no longer remained a magnet for inward FDI but now has become a major source of OFDI (Liu and Buck 2009). Most OFDI was directed towards developing nations with geographical or institutional proximity requiring limited resources. The newly industrialized economies (NICs) of East Asia and Japan engaged in OFDI due to push factors (labour shortages, high operating costs) while China initially engaged in OFDI due to pull factors (natural resource endowments and market potential) (Biggeri and Sanfilippo 2009). The motives to internationalize included enhancing the corporate brand values of Chinese enterprises (OECD 2009). However, as the Chinese government tried to integrate China into the world economy (1979-1985) only the state-owned enterprises (SEOs) were granted approval for internationalization. In the next stage the non-SOEs were allowed to expand abroad through a foreign affiliate. OFDI from China remained highly regulated during the first two decades of the economic reform (Liou 2009). As part of the Go Global Policy outlined in China’s 10th five-year plan in 2001, certain industries like textiles, machinery and electrical equipment, were provided with foreign exchange support and export tax rebates to boost internationalization.

Linguistics Essay Example | Topics and Well Written Essays - 1500 words - 3

Linguistics - Essay Example rivate English speaking kindergartens where they are tutored by native speakers of the language, or go to English-speaking countries and learn the language effectively. In extreme cases some parents have also made their children undergo a tongue operation in order to improve their pronunciation of the English language. This is enough proof to show the crazy attitude of the Korean people towards the English language. However, despite the consistent efforts taken by the parents to make their children learn the language some children tend to become depressed, abusive and suffer from insomnia when they are forced to learn a foreign language. For instance, the MBC News broadcast in Korea reported a story about an eleven year-old Korean boy whose parents forced him to learn English in an international school. Unable to cope with the pressure the boy began to show symptoms of a mental disorder as at one point he refused to go to school, suffered from insomnia and depression and did not pref er to talk to anybody. Though parents are aware about the importance of learning foreign languages like English for their child’s future successes, they do not know when it is best to teach the language and the correct way of helping the child learn the language. Ever since the issue of early English education was raised, there have been strong arguments, both for and against it. Some experts have warned about the negative effects associated with learning a foreign language at an early age based on several reported cases. These reports have revealed that when children are made to learn under stress right from an early age, it becomes impossible for them to learn effectively as is expected from their parents. Exerts also believe that children should only be allowed to learn the language levels which are appropriate for their age and knowledge levels. It is only when they try to learn more than what is ideal for their age all the negative effects associate with such learning will occur