oLocated in East Asia

oCapital Beijing

oPopulationo1.3 Billion o19% of the world

oEconomyo2nd largest economyoGDP 8.3 trillion USDoInfluenced by government

oPoliticsoCommunist CountryoNo democracy

oMany ethic groupsoDifferent religions

oGestland dimensionsoRelationship focused in businessoFormal in business

oPower Distance

oUncertainty avoidance

o Concept of FACEo Giving face o Saving face o Show face

o Salarieso Basic necessitieso Bonuseso Health insurance

oCommunist IdeologyoCollectivism

oChild laboroUse of US laws

oLow labor costso$105 USD monthly

oLarge buyers marketo1.8 billion people

oSpecial Economic Zones oLower taxesoLower tariffs oLess restrictions

Matt

oRelationship of trust

oLabor market trends

oRising Wages

oBefore investing you have to consider the differences between the US and China in:oEconomyoPoliticsoCulture

o If this can be done then:oYour business can benefit oWhich will enable an opportunity for expansion.

QUESTIONS?