Compare China And Japan Essay

In the 1960s, 70s and 80s the economy increased to about 10% and 5% in average respectively, (World Bank, 1993, p. Considerably later, starting late 70s the Chinese economy similarly started to show hyper-growth signs and it is currently the rapidly growing economy with about 10% growth rate in GDP average (Kim, 1998, p56).World Bank report 200, suggests that the Chinese and Japanese economic...Comparing and Contrasting Business Systems in Japan and China Introduction A business system can be defined as a methodical procedure or process used by owners of factors of production as a delivery mechanism for providing goods and services to customers.

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On the other hand, a country that adopts inefficient business systems may lug behind in terms of economic growth. Compare and contrast business systems in Japan and China. Japan is not a resource rich environment, that is, the presence of natural energy resources and metallic ores is minimal.

Answer with reference to relevant theories and use comparative country and/or corporate examples. The country’s terrain and climate limit the agricultural sector.

The rapid Japanese economic growth dates back to the WW11 and its effects in putting Japan among the few most economically advanced nations of the world.

Currently, Japan is among the topmost economic powers after United States of America, China, and EU (Mc Leod, Ross and Garnaut, 1998).

al nations reformed Chinese agriculture, science, technological innovativeness, and industry transforming china into a contemporary industrial state (Broderick, 2003, p.85).

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The population control and the one child policy that aided to enhance the strategy towards the Chinese population feeding was also an added advantage.

Japan has a......, this study seeks to compare and contrast business systems applied in Japan and China, with a focus on understanding the factors behind their similarities and/or differences.

Comparison between business systems in Japan and China There is a great similarity between the Chinese and the Japanese business systems.

In the business systems of China, the SOE mainly play a crucial function in local industries like materials production supply of power and energy and transport.

After State Owned Enterprise reformation, the market share is lower than the private sectors.