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The Smartcard and Atm Market in China

Title:

The Smartcard and Atm Market in China: A Strategic Entry Report, 2000

Date Published: 2000-10-11
Pages: 215
ISBN: 074182485X
   
About the Author(s)/Editor(s)
Philip M. Parker
Eli Lilly Chair Professor in Innovation, Business and Society
INSEAD (Fontainebleau, France & Singapore)

Philip M. Parker is the Eli Lilly Chair Professor of Innovation, Business and Society at INSEAD (Fontainebleau, France and Singapore). He has been a professor there since 1988 where he teaches graduate and doctoral-level courses on global competitive strategy and research methodology. He has taught courses at Harvard University (HBS), the Hong Kong University of Science and Technology, Stanford University (GSB), the Massachusetts Institute of Technology (MIT Sloan School) and UCLA (Anderson School). Dr. Parker received his Ph.D. in Business Economics from the Wharton School at the University of Pennsylvania and has Masters degrees in Finance and Banking (University of Aix-Marseille, France) and Managerial Economics (Wharton). His undergraduate degrees are in mathematics and economics. Some of his work and methodologies applied in this study were financially supported by the Research and Development Committee at INSEAD which is gratefully acknowledged.

About the Series
This series helps international managers expand to various country markets around the world. Each report is a broad study of a particular product market, but also gives information useful for entry strategies (trend analysis, marketing, production, finance, and distribution strategy). Each study provides ample statistics on market size and trends, as well as various economic statistics cover human resources and cross-cultural management.
Contents
1 INTRODUCTION & METHODOLOGY
        1.1 What does this report cover?
        1.2 Evaluating China
        1.3 Latent Demand and Accessibility in China
2 THE SMARTCARD AND ATM MARKET
        2.1 LATENT DEMAND AND ACCESSIBILITY: BACKGROUND
        2.2 Latent Demand: Aspects of Interest
        2.2.1 Market Profile
        2.2.2 Best Sales Prospects
        2.2.3 Statistical Data
        2.3 Accessibility: the structure of competition
        2.3.1 End-User Analysis
        2.3.2 Local Production
        2.3.3 Third Country Import
        2.4 Accessibility: Key Factors
        2.4.1 Import Climate
        2.4.2 Trade Promotion Opportunities
        2.5 Key Contacts
        2.5.1 Government Related Agencies
        2.5.2 Trade Events
        2.5.3 Private Sector
        2.5.4 Other Key Contacts
3 THE ECONOMICS OF LATENT DEMAND IN CHINA
        3.1 Executive Summary
        3.2 Economic Issues in China
        3.2.1 Economic Trends and Outlook
        3.2.2 Principal Growth Sectors
        3.2.3 Government Role in the Economy
        3.2.4 Infrastructure Investment
4 EXPORT ACCESSIBILITY IN CHINA
        4.1 Executive Summary
        4.2 Exporting to China
        4.2.1 Banking System
        4.2.2 Foreign-Exchange Controls
        4.2.3 World Bank
        4.2.4 The International Finance Corporation (IFC)
        4.2.5 The Asian Development Bank (ADB)
        4.2.6 Bilateral Government Loans
        4.2.7 Import Tariffs and Custom Regulations
        4.2.8 Trade Barriers
        4.2.9 Import Documentation
        4.2.10 Prohibited Exports
        4.2.11 Import Commodity Inspection
        4.2.12 Security Software Certification
        4.2.13 Quarantine Inspection
        4.2.14 Labeling and Marking Requirements
        4.2.15 Food Labeling Law
        4.2.16 Special Import Provisions
        4.2.17 Prohibited and Restricted Imports
5 DIRECT INVESTMENT ACCESSIBILITY IN CHINA
        5.1 Executive Summary: Infrastructure
        5.2 Executive Summary: Natural Resources
        5.3 Executive Summary: Industry
        5.4 Direct Investment in China
        5.4.1 Government Attitude toward Foreign Private Investment
        5.4.2 Encouraged Vs. Restricted Vs. Prohibited Investment
        5.4.3 Foreign Exchange and Convertibility
        5.4.4 Taxes and Tax Incentives
        5.4.5 Basic Laws and Regulations Affecting Direct Investment
        5.4.6 Contract Law
        5.4.7 Securities Law
        5.4.8 Government Procurement
        5.4.9 Forms of Foreign Ownership
        5.4.10 Investment Screening Procedures
        5.4.11 Investment Incentives
        5.4.12 Export and Import Policy
        5.4.13 National Treatment
        5.4.14 Acquisition and Takeovers
        5.4.15 Government-Financed Research and Development
        5.4.16 Conversion and Transfer Policies
        5.4.17 Expropriation and Compensation
        5.4.18 Dispute Settlement
        5.4.19 China's Legal System
        5.4.20 Mortgages/Secured Interests in Property
        5.4.21 Bankruptcy
        5.4.22 Export Requirements
        5.4.23 Local Content
        5.4.24 Technology Transfer
        5.4.25 Employment Of Host-Country Nationals
        5.4.26 Enforcement Procedures for Performance Requirements
        5.4.27 Right to Private Ownership and Establishment
        5.4.28 Protection of Property Rights
        5.4.29 Transparency of the Regulatory System
        5.4.30 Capital Market Access
        5.4.31 Banking
        5.4.32 Restrictions On Debt-Equity Ratios
        5.4.33 Political Violence Risks
        5.4.34 Corruption
        5.4.35 Bilateral Investment Agreements
        5.4.36 Labor Availability
        5.4.37 Compensation
        5.4.38 Termination of Employment
        5.4.39 Worker Rights
        5.4.40 Foreign-Trade Zones/Free Ports
        5.4.41 Foreign Direct Investment
6 MARKETING & DISTRIBUTION IN CHINA
        6.1 Executive Summary
        6.2 Marketing and Distribution in China
        6.2.1 Distribution and Sales Channels
        6.2.2 Local Agents
        6.2.3 Establishing a Representative Office
        6.2.4 Establishing a Chinese Subsidiary
        6.2.5 Licensing
        6.2.6 Franchising
        6.2.7 Direct Selling
        6.2.8 E-Commerce
        6.2.9 Selling Factors/Techniques
        6.2.10 Foreign Currency
        6.2.11 Advertising and Trade Promotion
        6.2.12 Product Pricing and Customer Service
        6.2.13 Sales to the Government
        6.2.14 Intellectual Property Rights (IPR) Protection
        6.2.15 Local Professional Services
        6.2.16 Due Diligence
7 HUMAN RESOURCE ASSESSMENT IN CHINA
        7.1 Executive Summary
        7.2 Human Resources in China
        7.2.1 Unionization in China
        7.2.2 Collective Bargaining in China
        7.2.3 Workweek and Minimum Wages in China
        7.2.4 Forced Labor in China
        7.2.5 Working Ages and Child Labor in China
8 POLITICAL RISK ASSESSMENT IN CHINA
        8.1 Executive Summary: Government
        8.2 Executive Summary: Military Organization
        8.3 Democracy in China
        8.4 Political Issues in China
        8.4.1 Political Environment
9 LEGAL RISK ASSESSMENT IN CHINA
        9.1 Executive Summary
        9.2 Legal Issues in China
        9.2.1 Privacy, Search and Seizure
        9.2.2 Trial Justice in China
        9.2.3 Excessive Punishment in China
10 CULTURAL AND DEMOGRAPHIC RISKS IN CHINA
        10.1 Executive Summary
        10.2 Cultural Issues in China
        10.2.1 Racial, Ethnic and Discrimination Issues in China
        10.2.2 Women's Rights and Gender Issues in China
        10.2.3 Religion in China
        10.2.4 Fundamental Human Rights in China
11 HISTORICAL BACKGROUND
        11.1 Social and Political History
        11.1.1 Language
        11.1.2 The Pinyin System of Romanization
        11.1.3 Religion
        11.1.4 Population Policy
        11.1.5 Dynastic Period
        11.1.6 Early 20th Century China
        11.1.7 The People’s Republic of China
        11.1.8 The “Great Leap Forward” and the Sino-Soviet Split
        11.1.9 The Cultural Revolution
        11.1.10 The Post-Mao Era
        11.1.11989 Student Movement and Tiananmen Square
        11.1.12 Third Generation of Leaders
        11.1.13 Chinese Communist Party
        11.1.14 State Structure
        11.1.15 Legal System
        11.1.16 Human Rights
        11.1.17 Economic Reforms
        11.1.18 Asian Financial Crisis
        11.1.19 Natural Resources
        11.1.20 Environmental Issues
        11.1.21 Technology
        11.1.22 Historical International Relations
        11.1.23 The Role of the Military
        11.1.24 Nuclear Weapons
        11.1.25 Chemical Weapons
        11.1.26 Missiles
        11.1.27 Bilateral Relations After Tiananmen
        11.2 Business Customs in China
 

 

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