Emerging Economy in China Free Essay, Term Paper and Book Report
Emerging Economy in China
For the past two decades, bosses have been chasing the Chinese Dream and finally the long march is reaping benefits. More then 450 U.S. companies surveyed by the American Chamber of Commerce, 68 % of them say that they are profitable, and 70 % say their China margins equal or exceed their global average. Before Chinas entry into the World Trade Organization this would have been considered unthinkable five years ago. Chinas economy has been rising because of the importance of U.S. businesses focusing on the largest market in the world. Some of the biggest beneficiaries are the pioneering multinationals such as Proctor and Gamble, Motorola, and Haworth Co. (Zakaria 1-2)
If a company sticks it out in China the results can be remarkable. Of Motorola Inc.s 31.3 billion in sales this past year China contributed 9% of them. Thanks to the mart products and marketing the Schaumberg based company is battling with Nokia Corp. to become the market leader in the cellular phone industry. Low cost exports from China, and its brainwork done at 16 labs hav......
Word Count: 1260
Page Count: 5 (250 words a page / double spaced)
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