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Die vorliegende Arbeit ermöglicht eine Erkenntnis über die Herausforderungen, die die chinesischen Unternehmen AliExpress und Shein implizieren und den aktuellen Erfolg auf dem Markt, der durch angewandte Strategien bestehend bleibt. Das Ziel der Arbeit umfasst die Herausforderungen der beiden Unternehmen, die diese ihren Kunden gegenüberstellen und den angewandten Marketing-Strategien, die grundlegend dafür sind, Problematiken als primärer Kunden nicht allzu kritisch aufzufassen. Für die Analyse wurden Problemfelder dargestellt und anhand einer Umfrage diskutiert. Die Analyse bietet einen Überblick über die Herausforderungen, dennoch sind Optimierungsansätze nicht vollständig realisierbar. Die steigende Popularität der beiden Online-Shops ist auf bestehende Strategien zurückzuführen und diese sollen auch weiterhin ausgeführt werden und die Schwierigkeiten überwiegen.
Concerns about China’s currency intervention strategy against the U.S. dollar and other major currencies have been raised by many members of congress for more than a decade. They view it as one of several distorting economic policies China is employing to gain an unfair advantage over their competitors. Assuming the RMB is a freely traded currency, they argue that China’s currency strategy is designed to lower the cost of exports and raise the cost of imports greatly.
Problem and Objective: How is China competing with the USA to become the economic world leader? This paper examines the interconnection among three major economic components in the Chinese economy through financial development, international trade, and economic growth.
Method: The research method involved the exploration of articles authored by economic scholars who have concluded that productivity increases significantly contribute to China’s rapid economic expansion. Numerous articles were retrieved from the website to explain how China is slowly becoming the world economic giant overtaking the United States.
Findings: Scholars expect to have significant economic growth in China, surpassing the individual European countries in terms of ranks and G.D.P. size. The entry of China into the W.T.O. depends on the successful completion of the multilateral phase of accession negotiations. Its membership will significantly impact the international trading systems for numerous reasons. First, the admission serves as a template for various transition economies looking to join the W.T.O due to the increasing demand that the Chinese have accepted within the bilateral phase, the W.T.O. admission negotiations deter the entry of various new members. Secondly, China has taken critical steps towards meeting some of its W.T.O. obligations and the steps that can complete the process that may disappoint some individuals within the organization. Due to the large volume of international trade, there is a risk that trade conflicts can overburden the capacity of the W.T.O. to settle disputes. Third, China has a critical role in shaping various multilateral trade negotiations agendas. The developing nation is also one of the top trading countries, and China is a forceful advocate within the next round for the interest of various developing nations.
Conclusion: US congress has long been concerned about China’s currency policies and economic growth. The RMB’s value versus the dollar has risen by 34 percent nominal and 42 percent actual since 2003. Another concern is China’s use of industrial policies to subsidize priority domestic firms while restricting foreign market access. China’s financial system could be severely undermined if the proportion of non-performing loans increases dramatically due to policies that promote significant gross fixed investment and are primarily backed by low-cost credit policies.
In the opinion of many observers, RMB value is undervalued because of Chinese government restrictions on its value.
With the advent of a worldwide internationalization and globalization companies around the globe have been looking to increase their market shares abroad (K Aiginger, H Handler, 2017).
For the German automotive industry in particular and therefore the German tool industry respectively, the Chinese market has become a very lucrative and important marketplace in recent years (A Fraß, 2016).
This thesis is presenting a case study for the German family-run business Hufschmied Zerspanungssysteme GmbH. It is meant as a foundation and guideline for any future business endeavors in the Chinese market for Hufschmied Zerspanungssysteme GmbH. This thesis consequently examines the current market situation for the tool industry in China and analyses Hufschmied´s competitiveness of its current product portfolio.
The German machine tool industry is supplying different branches in China, for this case study a closer look at the aviation industry and automotive industry will be taken.
The Chinese market has been exhibiting a large growth over the last few years, but current events such as the implementation of tariffs (UN, 2020) and the recent outbreak of the Covid-19 Virus (SM Iacus et al., 2020) might mitigate the attractiveness of the market. Without a doubt there are both Challenges and Opportunities for the German machine tool industry in the Chinese market.
Accordingly, the thesis will with the combination of empirical research data and a market analysis of the Chinese market draw a conclusion to which degree the Chinese market offers challenges and opportunities for the German machine tool industry. Additionally, a PEST-Analysis of the Chinese market will provide further insights regarding the market situation in the target market.
This thesis will employ qualitative research methods, the needed data is going to be acquired from primary and secondary sources. As for primary sources, observations and interviews will be used, secondary sources will consist of articles as well as related literature.
Globalisation has significantly shaped the way international organisations operate nowadays. The increased connectivity is continuously raising the number of global virtual teams, connecting employees across borders for project work. With cultural diversity, geographic dispersion and virtuality increasing the complexity of collaboration, the leadership of virtual teams constitutes a critical challenge. Consequently, the topic of leadership and its behavioural implications is progressively gaining businesses’ attention. However, due to limited research in this field, this thesis aims at identifying whether and how leadership behaviour affects virtual team collaboration, specifically between German leaders and Chinese team members.
After outlining behavioural characteristics of virtual leaders as presented by literature, the empirical research focuses on expert interviews with German virtual leaders. Here, a specific focus is put on their perceptions of their Chinese teams, the emerging challenges, their behaviours and the creation of a new virtual culture.
The results show the importance of leadership behaviour in this setting. They emphasise the effect it has on the virtual team members and provide recommendations with regards to behavioural adaptation to master this challenge.
In recent times, China’s role in the clothing industry has been threatened. China’s ability to compete on a cost basis is diminishing and urges the country to find a new means of competition. The aim of this study is to assess China’s future role in the industry with special regards to European apparel manufactures. This is done by taking a closer look at several factors that have an impact on the industry. The analysis of published data, conducted studies and expert opinions brought to light how the government is actively involved in the pursue of maintaining China’s leading role in the textile and clothing industries as these are important contributors to China’s economic well-being. Two strategies have been emphasized. Firstly, the upgrading of the industry as a means of differentiation that allows China’s clothing industry to compete on other factors than costs. Secondly, the boost of China’s domestic market in order to mitigate against the risk arising from the volatility of markets and increased need for speed in the industry. While China’s role is undoubtedly changing, it seems like the country has found opportunities to maintain an important position in the future of the clothing industry.
Due to the recent political and economic events of the so called U.S.-China Trade War, the media broadcasted extensively about both parties placing tariffs on each other. This situation impacts heavily on global value chains and brings an increasing focus on GVCs in terms of an economic upgrading in China. A re-examination of the bilateral trade relationships of China and its value added on export products becomes an interesting topic which deserves to be analyzed. In order to understand how GVCs function in international trade and their impact on public and private sectors, an overview of GVCs is presented. Using one of the successful examples of GVCs, this paper focuses on China’s high-tech industry and aims to evaluate its role in GVCs. By reviewing the transformation and development of high-tech industry in China, this paper provides insights into the change of industrial structure and current challenges during the transitional phase. By analyzing statistical data from Input-Output Table for China’s most advanced sectors – computer, electronic and optical products – this paper found out that China’s role of GVCs has changed overtime. More precisely, there is a trend of moving towards knowledge- and service-intensive sectors.
Nowadays, teams and projects are becoming more and more relevant in the business industry. The increasing internationalization and globalization of the economy leads to a more interconnected and globalize business and therefore also increasing competition. This requires new approaches for a more faster, flexible and innovative way to finding solutions. For this reason, there is an increase of international cooperation that can open up new opportunities, as well as generate challenges.
The purpose of this assignment is to identify the cultural differences between Germany and China and to determine the key aspect, which has to be considered in performing project management in a multicultural context. Furthermore, this assignment should demonstrate how cultures can affect the cooperation and if there is a potential way to standardize a multicultural cooperation to reduce the challenges that arise in multicultural teams.
The work is based on literature research using secondary data. In addition, an empirical study has been carried out to create a case study of an executed project with German and Chinese team members in China. The empirical study has been carried out as an expert interview with the German project manager who is currently working as an expatriate in China. This interview has been used to collect information about the plant relocation of a German-based company located in China.
The literature research has shown that political, technological, cultural, as well as communication aspects have to be considered in performing project management in a multicultural context. Also cultural difference affects leadership style. Therefore, the knowledge of different leadership styles is beneficial. Standardization for a multicultural cooperation is not possible due to the different situation in different context with different people. However, the knowledge about the effects of cultural values on the mindset and behavior can ease the teamwork. The case study confirms the findings as the project manager also had to deal with cultural, communication, and leadership issues, as well as dealing with cultural differences and the respond to it encourage the teamwork.
The Belt and Road Initiative topic will be discussed further with the support of evidence of statistical data, qualitative information and decisions between both countries through the following chapters. Chapter 1 will present and discuss the history of the Belt and Road Initiative. Chapter 2 will speak about the influence of the new competition on the German industry. Competition can play a role through the cost and quality of the products which can be produced or manufactured by China. In addition, we will see Germany’s reaction to China’s competitive advantage and entrance to the German market. Chapter 3 includes research and discussion on the impacts on china’s port, the possibility of the expansion of the maritime roads by China and whether the expansion in the arctic will give china more authority in the Belt and Road Initiative project. Chapter 4 will argue the choices for Germany as there is now two corridors alliances who are computing over ports development for faster and reachable products through Pakistan-china or India -Iran. Chapter 5 will discuss the effect of the Hamburg port.
In the era of digitalisation, mobile devices are supporting us throughout the day, in any situation, at any place and any time. We purchase goods and services through our phones, communicate with others and can get information about anything we want. The mobile technology is the fastest growing industry the world has ever seen. Mobile technology is the most influential driver of current social and economic change. Therefore mobile marketing is already a major factor in today’s marketing mix. Nevertheless adaption of mobile marketing progresses differently in different parts of the world. China took on a leading role in mobile marketing without many people outside China noticing. The purpose of this paper is to examine and display the major differences between China and Europe when it comes to mobile marketing. Especially, I will focus on WeChat, a relatively new communication application in China that has shaped mobile marketing significantly since 2011, the year of its launch.
However, due to significant differences in market scale, market complexity and adoption of technology in Europe and China it is important for European companies to understand the potential power of WeChat if they want to do successful business in China. Therefore I will give a comprehensive overview on how to use WeChat for business. Additionally I will connect the mobile marketing aspect with Chinese language learning. Chinese language learning represents a global current trend and is building a bridge between China and Europe both culturally and economically. For this paper I conducted practical research in a Chinese language school under European management in Beijing/China. This way I was able to gain first-hand insight in the obstacles a European company faces when it comes to WeChat mobile marketing in China. This paper will cover the theoretical foundation of mobile marketing and will connect it with real recommendations for successful WeChat mobile marketing.
Im Rahmen dieser Bachelorarbeit wird untersucht, welche Chancen und Risiken ein Markteintritt in China für ein deutsches mittelständisches Unternehmen haben kann. Hierzu wird beispielhaft eine Internationalisierung für die S. Siedle & Söhne OHG betrachtet. Die Chancen und Risiken werden anhand der Analyse des Potenzials des chinesischen Marktes, der Analyse der Unternehmensstärken und –schwächen, sowie einem Vergleich der chinesischen mit der deutschen Kultur herausgearbeitet und anschließend einander gegenübergestellt. Die Arbeit wird in einen theoretischen und einen praktischen Teil gegliedert. Durch eine Kombination aus qualitativen und quantitativen Forschungsmethoden wird das theoretische Grundlagenverständnis eines Markteintritts gelegt, sowie eine Bestandsaufnahme der Unternehmenssituation erstellt. Anschließend werden diese beiden Themenbereiche kombiniert, woraus sich der praktische Teil der Arbeit, die Bewertung eines Markteintritts in China für die Siedle OHG, ergibt. Die Gegenüberstellung der zu erwartenden Chancen und Risiken zeigt, dass die Risiken eins Markteintritts in China die möglichen Chancen überwiegen, weshalb derzeit von einer Internationalisierung in China abgeraten wird.
Schlüsselwörter: Internationalisierung, Chancen, Risiken, Markteintritt, China