About China
For international investors interested in making investments in China, the country is a desirable location. The country is appealing because of its rapid economic expansion. China's economy has lately doubled, which is a definite sign that the country's consumption rate is rising. The economy's quick expansion indicates that there is a sizable demand for goods and services, which opens up new prospects for new investors. Also, the rate at which the middle class of China has grown has also made this country more attractive as this shows that people in the country are in a position to consume more services. In China, there are several cultural influences which can really affect the business practices. For instance, the Chinese usually expect compliments and respect and also one should always spend most time building business relationships and also trust. Also in business etiquette, the Chinese usually have specific ways of presenting their business cards and also greetings to them matter a lot. ("Chinese business culture and etiquette", 2017)
Direct exporting will be the most appropriate entry strategy to use in China. This will be through assigning agents and distributors to represent our interests. We will need the export legal assistance whose lawyers will help in identification of the key legal issues. They will also explain the general and basic contractual requirements. There are limitations encountered in establishing the exchange relationship which includes currency fluctuations. This is a big problem because the changes in exchange rates between different currencies can lead to a decrease in your return. Also, the foreign currency control may also limit the amount of money that one is able to take out of the country. Also, changes in the country political or economic status may also affect the market value of a particular country. ("Primary Disadvantages of Investing Internationally", 2017)
In China, there are few opportunities of spreading the gospel of Jesus Christ because most of the people are non-religious. Also, there are different languages used in the country and most people do not understand English, therefore, making it hard for the gospel to be spread. The main focus for prayers in this country is to increase the number of Christians and also for the people to understand that the atheism which has been promoted in the country for a long period is not the truth. Also, another focus for prayer is to pray for the evangelists working in the country to be protected and also change the religious belief of the people. ("Countries Alphabetically | Operation World", 2017)
References
Countries Alphabetically | Operation World. (2017). Operationworld.org. Retrieved 26 September 2017, from http://www.operationworld.org/countries-alphabetically
Primary Disadvantages of Investing Internationally. (2017). Finance.zacks.com. Retrieved 26 September 2017, from http://finance.zacks.com/primary-disadvantages-investing-internationally-7366.html
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