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5:22 & 5GE „ll 18% O o = Olo This week you will begin your final project that is due on Wednesday of Week 8. Choose one of the countries that are profiled in the text book on the "In the International Spotlight" pages. You will write a profile for that country incorporating what you have learned throughout the course by responding to the questions outlined below. On Wednesday of Week 8 you will post/attach your Country Profile (in Word document form) to the appropriate Discussion Forum. You will read your classmates' profiles and then ask questions about their profiles of at least two of the profiles. At the same time you will respond to questions asked of your profile in a timely manner (i.e. within 36 hours). Incorporate the responses to the following questions into a 6-8 page profile of your chosen country. DO NOT simply answer the questions, you will need to go above and beyond and prepare a profile using the information. Questions to incorporate into your profile: • Describe current issues in your country. • What is the climate for doing business in your country? • What is the population, per capita income, GDP, and major exports of your country? III < 5:22 BO5G 18% o o = Ola Questions to incorporate into your profile: • Describe current issues in your country. • What is the climate for doing business in your country? • What is the population, per capita income, GDP, and major exports of your country? • Is your country attractive to foreign investors? Why/Why not? What type of investment works best? • What is the legal and political climate of your country? • What are the cultural dimensions of your country? • What communication and negotiation challenges might occur in your country? What type of organization structure works best in your country? Why? • What type of leadership style works best in your country? Why? • What type of Management Philosophy would work best in your country? Why? Make sure your paper is in proper APA style with cover page, in-text citations, and at least 4 References. Nothing is submitted this week. III <
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Explanation & Answer

Attached.

Country Profile: China – Outline
I. Introduction
II. Current issues in the Republic of China
III. Climate for doing business
IV. Chinese economic indicators
V. Foreign investments in China
VI. Legal and political climate
VII.

Cultural dimensions

VIII.

Communication and negotiation challenges

IX. Appropriate organizational structure
X. Leadership style
XI. Management philosophy


Running head: COUNTRY PROFILE: CHINA

Country Profile: China
Name
Institution

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COUNTRY PROFILE: CHINA

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Country Profile: China
Introduction

After its foundation in 1949, The People’s Republic of China has grown to be the record
densely inhabited nation in the world. After performing poorly for many years under the
unbending dictatorial socialism of its leader Mao Zedong, China rehabilitated its economy beside
partially industrial quarters to make it the globe’s fast-growing, and in addition, being the top
exporter. The country is currently a chief foreign financier and is following a progressively
confident overseas and security strategy. But the fiscal transformation has not been
corresponding with the civil reorganization, and the Communist Party holds a constricted grasp
on administrative existence and much of broader culture in modern China. China, even being
classified as a developing economy, has become the leading innovation in terms of technological
advancement in machinery, equipment, methods of transport, infrastructure, among other areas
of technology. The country has, however, maintained their language of communication and most
of their cultural beliefs and practices. The country sits on a geographical area of ten million
square kilometers or 3.6 million square miles (Guo, 2016). The nation has maintained the use of
their currency, which is known as Renminbi (Yuan) amid calls to perform global trading
activities with the dominating US Dollars or the European stronger currencies.
Current Issues in the Republic of China
Currently, there are emerging issues in the country which not just make headlines but
also affect the social and economic environments globally. First, China has been engaged with
trading wars with the United States, which has resulted in major economic issues globally. The
country has continuously experienced trade imbalance with the US whereby China exports more
to the international market but imports lesser amounts of goods and services from the
Multinational Corporations which are owned and managed by the United States investors. This
imbalance escalated in mid-2018, which led to the trade wars. This war is because the U.S. has
revealed that it will not consent to main trade debit to endure with any nation. It is thus clear that
the trade war with the U.S. will not be fixed until the trade debit matter is determined. Since such
a resolution does not appear to be forthcoming, the trade war will probably remain, applying the
prodigious burden on the Chinese economy. Secondly, the politically designed Made in China
2025 policy has significantly faded away since early last year due to the aggressive pressure
from the United States, Japan, European countries. The policy was initially aimed at improving
the Chinese economy with little or no reference form the outside world. The developments in
mechanical proficiency drawn from the program fail to depend on Chinese local invention.
Reasonably, the program depends on the required technology handover and IP holdup. Objection
to this method is at the essential of the United States Section 301 criticism against China.
Thirdly, the Chinese economy is currently experiencing a strong Domestic Product,
reduced debt, and failure to deleverage. China presently upholds robust GDP development by
pervading liability into the economy. Even with this drive instructing, several Chinese and other
analysts consider China’s GDP is not developing at the specified rate of 5.5% (WorldBank,
2019). Some economists have continuously commented negatively about the economy of the
country, arguing that it is stagnating in terms of GDP, per capita income, among other economic
indicators. This reference means the Chinese economic environment has stopped reacting to the

COUNTRY PROFILE: CHINA

3

liability infusion and up till now, the administration continues to inflate liability into the
economy.
Fourthly, the local governments in China are not allowed to force charges. They account
their framework and speculation programs by issuing obligation. Quite a bit of this obligation is
"off the books" obligation issued by particular reason financing elements eventually possessed
by the neighborhood government. Although the nearby official obligation is assessed at 20% of
GDP, most fiscal experts reason unpretentious value is close to 100% (or more) of Gross
Domestic Product. The focal administration has planned to resolve this matter by allowing
nearby financing elements to default on some loans (WorldBank, 2019). With an ob...


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Excellent resource! Really helped me get the gist of things.

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