IB Group 15

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Motives and challenges of

International Business of
Japan in China country

Group
... 15
 Raj Vaishnavi Singh (22GSOB2010704)
 Rini Abbas (22GSOB2010215)
 Rishabh Srivastava (22GSOB2010719)
 Ritik Jakhar (22GSOB2010128)
 Rohit Kumar (22GSOB2010613)
 Rohit Kumar (22GSOB2010756)
 Rohit Mishra (19GSOB2010 1030028)
Introduction

1 Historical Context

The historical ties between Japan and China have shaped the foundations of their modern economic
collaboration

2 Economic Significance

Japan, known for its advanced technology and manufacturing capabilities, seeks to leverage China’s
rapid economic growth and burgeoning consumer market.

3 Trade Relations

Japanese exports to China include automobiles, electronics, machinery, and high-tech products,
while China exports a diverse range of good
Challenges of International Business in
China
1 Cultural Differences

Understanding and adapting to different business customs and practices

2 Regulatory Barriers

Navigating complex legal and bureaucratic processes

3 Labor Laws

Compliance with local labor laws and hiring practices


Motive for Japanese Companies to Enter
China
Market Expansion Competitive Resource Acquisition
Advantage
Access to a massive consumer Securing access to natural
market and potential for growth Gaining a competitive edge resources and raw materials
through technological expertise
and quality production
Market Differences between Japan and China

Consumer Preferences Different tastes, preferences, and purchasing


behavior

Product Localization The need to adapt products to suit the Chinese


market

Brand Awareness Building brand recognition and trust in a new


market
Cultural Differences that Affect Business
Practices

Communication Styles Decision-Making Process Formalities

Differences in non-verbal Varying approaches to consensus The importance of rituals, gift-


communication and etiquette and hierarchical decision-making giving, and appropriate greetings
Legal Challenges and Regulatory Barriers
Intellectual Property Trade Regulations

Protecting patents, copyrights, and trademarks in Navigating complex import and export
a foreign market regulations

Foreign Investment Restrictions Compliance

Adhering to restrictions on foreign ownership and Ensuring adherence to local laws and regulations
investment
Labor Laws and Workforce Challenges
1 Hiring and Recruitment

Attracting and retaining qualified local


talent
Employee Benefits 2
Understanding and complying with local
labor laws regarding benefits 3 Workplace Culture

Fostering a positive and inclusive work


environment
Successful International Business Strategies in
China

Thorough Market Research Strategic Partnerships Efficient Supply Chain


Management
Collaborating with local
Understanding local consumers, businesses to leverage their Optimizing logistics to ensure
competitors, and market trends expertise and networks timely delivery and cost-
effectiveness
Thank You

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