... GDP of just $4,300 per capita, the GDP of China reached 7.3% in 2001. Agriculture and industry have posted major gains, especially in coastal areas near Hong Kong and opposite Taiwan, where foreign investment has helped spur output of both domestic and export goods. On the other hand, from 80 to ... the concept of "face" remains alive and well in China. Awareness of face and its impact is an extremely important cultural issue. Some Labor Law which should be Mentioned When in Rome, do as Romans do. So when a foreign corporation wants to enter the Chinese market, local laws should ... e...

• Word Count: 2060
• Approx Pages: 8
• Has Bibliography

... 1949. Politic institutions were created based upon the Soviet model. In February 1950, a treaty of alliance was signed between China and the USSR (The Union of Soviet Socialist Republics). And a law was created to abolish the domination of landowners: it was the beginning of the collectivization. The State's intervention was very important in farming (agriculture) and the farmers were the State ... established in 1984 along the coast and offered some advantages like fiscal exemption and exemption of the taxes on equipment's importation. The most important zone is the zone of Shenzen (ne...

• Word Count: 1537
• Approx Pages: 6
• Grade Level: High School