Foreign business in China responds to political instability

Article Abstract:

The levels of foreign business activity in China after the Tiananmen Square massacre have fallen off dramatically in many areas, including tourism and foreign investment. While companies not already involved in China are wary of committing investment to China, countries already involved in investment activities seemingly are waiting for a quiet period in which economic progress will begin again and believe that China will not expel foreign investors in the meantime. There is not much likelihood that extant joint ventures and foreign manufacturing plants will be closed under the present regime, but political stability is still a big question to foreign investors. China's economy is slumping badly, with the output value of industrial production declining 6.1% to 17 billion pounds sterling, and the government is in all likelihood willing to normalize foreign relations to attract new foreign investment.

International business enterprises, Multinational corporations, Massacres, Tiananmen Square Incident, 1989

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Implications of Chinese rule in Hong Kong for South East Asia

Article Abstract:

The reversion of Hong Kong to Chinese rule in 1997 has forced many multinationals operating in the Crown colony to make contingency plans in the event that the hardline communist regime in China reneges on its agreement to allow Hong Kong to maintain its free-enterprise economic set-up. Several Hong-kong based multinationals have opted to delist from Hong Kong and have chosen instead to register their headquarters in the Carribean. Others have chosen to buy extensive overseas holdings in Europe and the US. While others still are reported to be considering relocating to South East Asian countries. However, a significant number of well-known Hong Kong firms have bucked the trend by actively seeking out and expanding their links with China-based organizations.

Management, Political aspects, Corporations, Southeast Asia, Hong Kong-China reunification question, Asia, Southeastern, Corporations, Hong Kong

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PR looks to the far east

Article Abstract:

The developing economies of the Far East represent a great marketing opportunity for Western public relations firms. As the economies of the nations become increasingly sophisticated, the need for corporate public relations expertise expands. The movement of the countries away from heavy industry towards high-technology industries has led to a great increase in the service sector of their economies. Profiles of the economies of Far Eastern nations and their PR establishments and needs are presented. Profiled counties are China, Hong Kong, Indonesia, Malaysia, South Korea, Taiwan, Thailand, and Vietnam.

Taiwan, South Korea, International aspects, Indonesia, Malaysia, Vietnam, East Asia, Public relations, Korea, South

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