The Bridge to Entre China –Hong Kong

Introduction China is an important county for international businesses. China has made a significant change in recent years that China to become more open mind and willing to do business with different countries. However, China is still a Juror in international business world. This research paper will discuss an important city which acts as a bridge for international business to enter China. This city is Hong Kong. Reasons to do business in China There several reasons to do business in China. First, China has a large population that provides a huge market for companies to do business.

In 2007, China had 1. 32 billion people. This made it the most populated country in the world. About 23 percent population lives in China. China is a developing county and requires a lot of goods to support its expansion. In addition, China provides lower labor cost. In China, 70 percent of business workers’ average monthly incomes are between 800 Yuan (US $97) to 2,500 Yuan (US $302). Companies are able to take advantage of this to become more competitive in price. In recent years, China’s has grown quickly. In 2009, China’s GAP was 8. 9%. Compared to other countries in the world, China is very strong.

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