Abstract
China, 'The monster', 'The dragon of Asia', many names can define the perfectly economic, demographic, and geopolitic weight of this country in the world. Newly on the front of the international media stage due to the Olympic Games, China also speaks about it's economic ground. According to the department of economic intelligence of Price Water house Coopers, China will capture the first place economywise in 2025 occupied until then by the United States. The planet understands that the empire of Asia is becoming the center of the world. For many businessmen, this country, entered newly in the World trade organization, is considered to be the economic 'El Dorado' of the XXIst century. Today, China is the object of fascination of the rest of the world, it's success creating jealousy. And we always hear about China, in media, TV, internet, and also in business school. The firm ELB International is a trading and sourcing company created in 2001 by two associates, a Chinese and a French. Specialized in international trade in Asia, ELB is composed of a French and Chinese team, but managed by a French manager. Patrick Fauvert has created his society in collaboration with a Chinese friend, thinking that it will be easier to open his firm in China. The mission of ELB is to help and support firms that want to stock up in China and in Asia. This trading and sourcing firm is registered in Hong Kong but has an office in Shanghai, because it's the best way to export merchandise in China, and it's less expensive in this city.
Extract
[...] medium rate of growth of China a year since 1980. the annual medium progress of the Chinese foreign trade since 1990 weight of China in the world trade in 2003 increase in 2004 of the Chinese importation. - China is the third worldwide importer and the second worldwide importer of oil. China/France: market share of France in 2005. - France is in the 16th rank of countries purveyors of China part of the worldwide exports of France towards China; part of the French investments in China in 2005. [...]
[...] Presentation of ELB international Trading Sourcing Company III. My missions in ELB international Trading Sourcing Company Conclusion Introduction China, « The monster », « The dragon of Asia », many names can define perfectly economic, demographic, and geopolitics weight of this country in the world. Newly on the front of the international media stage thanks to Olympic Games, China also makes speak about her on the economic ground. According to the department of economic intelligence of Price Water house Coopers, China would enrapture the place of first economy in 2025 occupied until then by the United States. [...]
[...] This experience gives me the chance to meet a lot of people from all around the world, to visit some others cities of China, to see also the poverty in this country. I also went to Olympic Games, with the staff of ELB. Now I can talk with knowledge and experience about China with people and also my teachers. I lived an incredible experience in Shanghai, this city where all is always changing and growing at an incredible speed. I felt this changing environment every day. [...]
[...] Negotiations are important in China, but Chinese are not difficult in this way. It's a long period, but in general, Chinese always want to work harder, to improve themselves. But of course, it depend of suppliers, some of them are not honest. I saw a case of a foreign investor which been cheated by false professionals. They have signed a contract, and then they have disappeared with the money. B. Watch over suppliers It's very important to follow the evolution of the market, especially in China, all is growing in incredible speed. [...]
[...] China is not efficient just in manufactures products, but also in R&D spending in China increased from just 0.6% of GDP in 1996 to 1.1% in 2001. The Goldman Sachs forecast for size of GDP is as follows: Largest economies in 2003 Largest economies in 2025 Largest economies in 2050 USA USA China Japan China USA Germany Japan India UK Germany Japan France India Brazil China UK Mexico Italy France Russia India Russia Germany Brazil South Korea UK The gross domestic product Chinese (GDP) should exceed billion dollars this year ( billion euro) against less than billions for that of Germany. [...]
