Introducing a New Product Into China
China has become a focal point for f
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China has become a focal point for foreign investors, especially from the United States. One reason for this is the perception of a potential for incredible growth in a country with such a large and untapped consumer base. This study involves the possibility of introducing a new product into China, specifically condoms, a product that could gain the approval of the Communist Chinese leadership given the desire on their part to control the growth of the population. Investment in China is affected by social, political, and economic issues, and there are vast differences between the United States and China in all these areas which must be considered before any investment is undertaken. These various factors will be considered and analyzed as to how they affect doing business in China and of what they might mean to the proposed introduction of condoms as a consumer product in China.The Chinese population stands at 1.2 billion and is highly homogeneous, with nearly 92 percent being Han Chinese, or native Chinese. The remaining 8 percent consists of various provincial groups in areas that are still part of China, such as Manchu, while others are from Tibetan, Mongolian, and Korean descent. Religious beliefs do not have a strong influence on business. China is a Communist nation and has no official religion, but there are religious groups because suppression of religion in China has not been strong. Taoism and Buddhism are predomina
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g. China is also watched because of a concern about human rights violations. There has been heightened tension between the U.S. and China because of human rights violations after Tiananmen Square and because of the need for Congress and the President to reaffirm China's trade status each year. One important concern has been China's use of prisoners, including political prisoners, as labor, and the U.S. does not want to buy prison goods on the international market. Another concern has been China's refusal to do something about copyright violations for a broad range of U.S. intellectual property rights, notably music, computer programs, and movies.
ECONOMIC ISSUES
In the domestic and international markets that are of importance to China, trends in each have affected the overall economy of China. Investors can use several measurements to determine the stability of China's economy. China is the third largest economy in the world and thus represents a tremendous opportunity, but it is also facing a number of serious problems as it moves toward integrating with the international trade market. Officials believe the best way to establish economic control is to deepen the process of reform, part of which involves allowing great
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Some common words found in the essay are:
Public Health, China Investors, Hong Kong, Domestic Product, Caucasian Chinese, Taiwan Reserves, Economic Plan, Communist Party, Congress President, Kong China, birth control, hong kong, economy china, population growth, foreign investors, product china, socialist market economy, control devices, tiananmen square, population control, economic issues, hong kong china, human rights violations, birth control devices,
Approximate Word count = 2132
Approximate Pages = 9 (250 words per page)
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