Legal issues The legal framework for e-commerce is still in its early stage. There are million Internet users in the country. For each of these options there are numerous restrictions enforced by China on foreign firms that Staples will need to evaluate.
It is also critical to understand that as China evolves, there is a year old collectivist culture that will probably remain a significant factor of the business environment.
Sigh rate of savings More export business Potential urban growth Any economic development could have a major impact on the SMEs and their actions. Companies will benefit if they can understand the external macro-environment in which they function and will operate in the future.
China emphasizes on education and majority of the nation are literate. Many people claim that the political force is the most unsettled force.
In this situation, Staples would maintain control of their business activities with little interference from the Chinese government although it would be considered a Chinese legal entity under the jurisdiction of Chinese law.
Other risks include lack of stable and secure online payment systems. The main challenges for businesses in China are: China has little experience for drafting e-commerce legislation for topics like intellectual property rights protection and tax.
E-commerce has changed how local consumers see shopping.
Staples The new China, after it transitions to a more open and capitalistic philosophy, offers significant benefits to a company such as Staples.
Staples has also expanded via its Internet presence.
Family size and social behaviors often impact how decisions are taken. What is more, based on the perspective of Ortolani there had been only 1 percent credit card penetration in China suggesting that the most widely used payment method had low acceptance in China and the payment system to support online credit card transaction is also facing low usage.
The legal policies and regulations appear to be a little unclear as to the specific requirements or impediments to operating a wholly owned subsidiary in China. However, there is still a group who wish to avoid the perceived risk associated with online shopping.
All of these create uncertainties and challenges to the market players. Other factors which can be assessed are Environmental and Legal factors. Some factors which might help are: Social Factors The social and cultural aspect of China plays an important role as the demographics constantly change.
These can alter social trends and cultural values. And the lack of safe online credit card payment system is one of the key reasons for this low usage and penetration. Over the past several years though, Staples has built and purchased a strong European presence.
One major factor which impacts China is the increasing awareness of environment protection. Political Factors Political factors which impact China are: Government regulations Both formal and informal rules, which firms must abide by, impact the country.China is one of the major players in the global market.
PEST analysis of China shows that it is a flourishing country with the need for some small changes.
Menu. The scramble to launch long-haul flights at the local level may ultimately constrain China's aviation development. SWOT analysis of China Country January 12, By Hitesh Bhasin Tagged With: SWOT articles China a country located in Eastern Asia is.
Country Analysis of China research papers overview the economic aspects of the Chinese Economy. Country Analysis of China is a great research paper subject and one that our expert writers can direct you on.
Learn more about China's economy, including the population of China, GDP, facts, trade, business, inflation and other data and analysis on its economy from the Index of Economic Freedom published by The Heritage Foundation. Sep 11, · By using both qualitative and quantitative analysis, this study found improving transportation multimodal connectivity has a positive impact on multilateral trade across countries and regions along China Belt .Download