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German Companies in China

German Companies in China
Author: Jian-Ping Qin
Publisher: tredition
Total Pages: 75
Release: 2020-07-24
Genre: Business & Economics
ISBN: 3347111893

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The book "German companies in China" describes the business experience of a German company in China. The author was the general manager and founded the company and ran it for 20 years. Under his leadership, the Chinese subsidiary developed successfully and grew from small to large, from a sales company to an all-round company with around 300 employees, including almost all functional departments. There are approximately 8,000 German companies in China. Not all are successful for various reasons. The differences in the social system, economic system and market characteristics, culture and customs as well as company management between China and Germany have had a significant impact on the management of German companies in China. Most problems with different processes are due to a simple copy of the German processes in China, regardless of the difference in the living environment. The focus of this book is the adjustment of the management of German companies in China to the Chinese environment. The author personally accompanied the development of a German company in China for 20 years and experienced many good and bad things. In this book, the author wants to objectively analyse the general problems that arise in all processes and to make suggestions for improving the processes from his own experience. With this book, the author would like to offer a reference for German companies in China and open a window for those interested to understand the special features of the Chinese market.


China Champions

China Champions
Author: Lutz Kaufmann
Publisher: European Management Publications
Total Pages: 225
Release: 2005
Genre: International business enterprises
ISBN: 3938877006

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Business Cultural Differences between China and Germany

Business Cultural Differences between China and Germany
Author: Tom Praxenthaler
Publisher: GRIN Verlag
Total Pages: 14
Release: 2018-04-20
Genre: Language Arts & Disciplines
ISBN: 3668687277

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Seminar paper from the year 2018 in the subject Communications - Intercultural Communication, grade: 1,7, Fresenius University of Applied Sciences Munich, language: English, abstract: China is one of the biggest markets worldwide and thus the objective of many expanding German companies. In order to enter a new market, socio-cultural conditions always have to be taken into consideration. Chinese particularities in the context of communication, relationships or Guanxi and social reputation were observed in this work. Subsequently, cultural differences between China and Germany were compared according to Hofstede’s cultural dimensions Power Distance, Individualism vs. Collectivism, Masculinity vs. Femininity, Uncertainty Avoidance and Long-Term vs. Short-Term Orientation. As shown in the course of this work, there are multiple differences in every dimension between these two cultures. In order to perform business in China, German companies have to adapt to the given circumstances. Only with careful handling of the cultural differences, economic success can be achieved.


A comparison of management styles in China and Germany

A comparison of management styles in China and Germany
Author:
Publisher: GRIN Verlag
Total Pages: 17
Release: 2020-02-26
Genre: Business & Economics
ISBN: 3346120651

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Seminar paper from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: 1,9, University of Cooperative Education Villingen-Schwenningen, language: English, abstract: In the following paper, important factors necessary to excel in international management with a clear focus on China will be discussed, while drawing a comparison to Germany. Throughout the examination, the way of approaching the Chinese market is described. Afterwards, culture is considered with relevant factors like power distance and the leader-follower relationship. Then, values are described with important topics like the decision making processes, meetings and negotiations and conflicts. Afterwards, key factors to success will be mentioned, including personal relationships and the feedback culture. Before drawing a conclusion, challenges likely to occur will be mentioned. Due to the increasing importance of globalization and the emergence of many competitors, management structures have become dramatically different in China. Behaviors, dynamics and team conformations change rapidly, requiring organizations to react respectively to stay competitive. Managers face the challenge to compromise different cultures within the workplace. Practical management techniques of one country cannot be easily adapted in another. They differ greatly depending on the culture. To what extent the organization benefits from a culturally diverse workforce is controversial. National values and culture are the biggest obstacle when it comes to achieving management excellence. It requires culture proficiency and responsiveness to meaningful differences in the working environment. But also other factors like the organization’s strategy, economic conditions or the labor market of the host country have an influence on how management practices should be applied. Thus, developing the ability to manage in a cross-cultural context is a prerequisite in doing business successfully in today’s world.


China and Germany. Business Cultural Differences based on Hostede and Trompenaars

China and Germany. Business Cultural Differences based on Hostede and Trompenaars
Author: Lucy Ter-Minassian
Publisher: GRIN Verlag
Total Pages: 22
Release: 2019-07-12
Genre: Language Arts & Disciplines
ISBN: 3668980055

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Seminar paper from the year 2019 in the subject Communications - Intercultural Communication, grade: 1,0, Fresenius University of Applied Sciences Hamburg, language: English, abstract: The following work aims to highlight cultural differences between Germany and China and their relevance for international relations. It will also give recommendations for business negotiations between German and Chinese parties. After this introduction a definition of culture follows and the reader is introduced to two different models that help develop an understanding of cultural differences. The first one is the model of cultural dimensions by Geert Hofstede, the second one is the model of cultural dimensions by Fons Trompenaars.


German-Sino Business Networks

German-Sino Business Networks
Author: Alexander Häntzschel
Publisher: Springer
Total Pages: 105
Release: 2015-06-13
Genre: Business & Economics
ISBN: 331917858X

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In this book, Alexander Häntzschel presents the benefits of organized networks and provides a first-ever overview of German-Sino business networks. Based on more than 20 expert interviews and research of 30 different cases, the analysis covers the different forms of organization, their target groups and members, services and activities, and accessibility and membership fees. Complementary to the analysis, the results of a survey bring forward the experiences and expectations of professionals involved in such networks. With this Springer Brief, business professionals get a quick and useful overview of the leading networks such as the German Asia-Pacific Business Association, the German-Chinese Business Association, and the Asian Social Business Community.


German Business Social Network XING: Shortcut for Doing Business with Germans (published in Mandarin)

German Business Social Network XING: Shortcut for Doing Business with Germans (published in Mandarin)
Author: Yinyuan Liu
Publisher: Anchor Academic Publishing (aap_verlag)
Total Pages: 254
Release: 2014-08
Genre: Business & Economics
ISBN: 3954892391

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The German business social network XING is the only international multi-language business social network platform in the world that supports Chinese. XING has now over 14 million members all over the world from 190 countries and regions. About half of them are from Germany or from German speaking countries. Therefore, if you want to cooperate with German companies and people or if you want to know more about studying and working chances in Germany, XING is the best choice for you. XING can offer Chinese companies and people more, better and true information and possibilities to know German companies and qualified specialists. It can stimulate effective business cooperation between China and Germany. Unfortunately, most of Chinese companies and people don’t know about XING though they wish to cooperate with Germans, and vice versa. The aim of this book is therefore to build a bridge between China and Germany for a notable better communication by introducing XING to Chinese friends. This book is written especially for those who interested in German people and companies as well as German culture. They are interested in getting first-hand and true information and want to present their own companies and personal achievement as well as their products and service to Germans. This book is also helpful for those who want to go to Germany to study, work or for those who interested in German subsidiaries and people in China. In addition to introducing German business social network XING, the culture difference between China and Germany is also explained in this book. The author, in view of a German at heart a Chinese, gives Chinese friends valuable advice of how to communicate and do business with Germans efficiently. Therefore, this book will be very helpful for your business and your personal development.


Strategies of German Car Companies in China

Strategies of German Car Companies in China
Author: Patrick Schrott
Publisher: Anchor Academic Publishing (aap_verlag)
Total Pages: 87
Release: 2014-02-01
Genre: Business & Economics
ISBN: 3954895862

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In 2009, the PRC overtook the USA as the biggest automotive market in the world in production as well as in sales. With economic problems like stagnating real income, rising raw material prices and credit-driven consumerism in the industrial countries the importance of the Chinese market for car companies will even grow. Saturated passenger car markets in the USA and Western Europe and low rates of motorization in new automotive markets like China focus the attention of the market participants on these new, growing markets. The focus of this study is on the passenger vehicle market and lines out why the Chinese market is profitable and attractive for international manufacturers. Moreover, it shows how to deal with the problems and how to use the opportunities regarding the dimensions of internationalization. Firstly, the PEST-Analysis of the Chinese automobile market lines out the political-legal, economic, socio-cultural and technological factors. In such a rapidly changing and growing as well as culturally completely different country like the PRC, the framework conditions and circumstances are of big importance for foreign enterprises willing to do business there. The third chapter deals with possible internationalization strategies for China by showing possibilities of timing and market development strategies plus options for locating business markets. This is also further established in the fourth chapter, in which the internationalization strategies of two German enterprises are analyzed. Furthermore the fourth chapter analyses the internationalization strategies of VW and BMW. At the end of this thesis, the results are summarized in two SWOT-analyses of both firms including measures on how to deal with threats in the PRC and on how to benefit from strengths and opportunities.


Marketing Strategies of Chinese Companies

Marketing Strategies of Chinese Companies
Author: Fenghua Tang
Publisher: Diplomica Verlag
Total Pages: 91
Release: 2010-06
Genre: Business & Economics
ISBN: 3836690985

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Ten or fifteen years ago global business was mainly in the hands of a select number of multinational giants. Small and medium-sized business concentrated on their home markets and perhaps one or two neighboring countries. Not so any longer. Even the smallest businesses have realized that they have something to market in distant countries. Under these circumstances, Chinese companies of all sizes in various industries have recently opened to foreign competition. According to the Chinese Commerce Ministry's new release on relevant report, the Chinese foreign investment reached a new record of 26,51 billion US-Dollars in 2007. This represented a growth of 25,3 percent compared to 2006. After the quantity expansion, the quality offensive comes silently. Today, Chinese companies throw not only millions of T-Shirts, toys or plastic bowls in the international market but also wireless LCD-televisions, telecom-equipment and precision tools as well. Chinese companies have realized that a competitive advantage based on low costs, low prices and large quantities in a global economy cannot defend itself long. Consequently, they focus consistently on innovation and brands. In addition, China's globalization also needs strong mental forces. China does not just want to be a world factory, but instead be an internationally competitive market place that Western competitors already are. In the involvement of Chinese companies abroad aimed at specific markets, several strategies are recognizable. German and European companies are facing new chances and challenges at the same time. People must correctly assess the situation and corporate strategies and business concepts, with which they respond effectively and sustainably. The following questions are the focus: In what areas and branches do Chinese companies concentrate in German market? Which Chinese companies go abroad? What are their market entry strategies? What are their competitive strategies? And what are the steps of Chinese investments? What problems in the Chinese M&A business in Germany? How to overcome or avoid them? What are other problems? What branches are suffering from Chinese competition in Germany and EU? Chances or threats? How can German companies face this shift in a global economy and respond appropriately?


German and Chinese Contributions to Digitalization

German and Chinese Contributions to Digitalization
Author: Andreas Oberheitmann
Publisher: Springer Nature
Total Pages: 286
Release: 2020-08-01
Genre: Business & Economics
ISBN: 3658293403

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Digitalization is one of the biggest challenges of the 21st Century. In Germany, the concept of Industry 4.0 goes back to the high-tech strategy of the Federal Government and describes the interlocking of industrial production with the latest information and communication technology. In the intelligent factory, intelligent and networked machines will operate, decide and optimize largely autonomously in cooperation with humans. For China, the German concept Industry 4.0 is a strategic source of inspiration. Among other things, it was a model for the current Chinese innovation and industrial policy strategy Made in China 2025. This book is looking into different aspects of digitalization. Part 1 presents the concept of Industry 4.0, both, from the German and the Chinese perspective. Part 2 describes the Chinese innovation concept Made in China 2025 within different economic sectors in China and discusses to what extent Industry 4.0 might be considered its role model. Part 3 presents the opportunities and challenges of digitalization and big data from a regional perspective. Part 4 analyses the special aspect of the impacts of digitalization for the banking sector and international trade cooperation. Finally, Part 5 focuses on digitalization and innovation considering small and medium-sized companies in particular.