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China and Taiwan: The Business Culture of China & TaiwanChina and Taiwan: The Business Culture of China & Taiwan
This paper therefore discuses the nature of the business environment in both countries. It attempts to compare and contrast the how business is carried out in Taiwan and China as well as their associated cultures. To do this, an overview of the business environment and economy of the two countries will be analyzed as well as their cultural and key issues associated with different business operations.
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Preview of the essay: China and Taiwan: The Business Culture of China & TaiwanChina and Taiwan: The Business Culture of China & Taiwan
China and Taiwan: The Business Culture of China & Taiwan Abstract Being neighbors, Taiwan and China enjoy a warn relationship not only due to their cultural similarities but also because of the strong trade ties that exist between them. China signed a milestone free-trade accord with Taiwan and he people of China through its cultural minister have high hopes of achieving the same through cultural exchanges by signing a landmark deal. Taiwan is determined to strengthen its business relationship with China but the critics are very keen to point out that this kind of treaty would flood cheaper Chinese cultural products, and consequently hurting Taiwan’s culture, art and entertainment industry. On the other hand, China affirms that there intentions are not only based on making from cultural product’s exports but to enhance peaceful coexistence. Whatever the case there is much to learn about the business culture of Taiwan and China, this paper therefore discuses the nature of the business environment in both countries. It attempts to compare and contrast the how business is carried out in Taiwan and ...
... creation and implementation of policies that will favor the operations within the business sector (Sui, 2010). These policies have effectively created good environments for businesses in china and also in Taiwan. It is therefore very important that as global enterprises all the nations to fully participate in ensuring that business are run effective through the creation of international laws that will not be biased to any particular nation.
Economically, both countries have dynamic economy which constantly growing at an impressive growth rate. They are among the leading economic power houses in East Asia. The government involvement in foreign trade and investment has also reduced over the past years with major sectors driving the economy being left majorly in the hands of the private sector.
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