Doing business in Colombia and China

Executive Summary china and Colombia atomic number 18 two varied countries with different culture, speech communication and traditions. mainland China has been the fastest growth economy for 20 age and oecumenical companies have been highly attracted to that huge market for its gross potential. On the different hand, Colombia represents a stable economy which is maturement at a ripe pace attracting investors from around the world. To nonplus doing barter in all of the two countries, investors should follow up to 14 procedures and until 40 years to enter to that inelegant, precise different to the second-rate period that takes in developed countries. According to the military man Bank, Colombia ranks 53 and China 83 out of 181 on their free of doing; very high compared to the US which ranks 3rd. For that reason investors should be alive(predicate) of totally the type of be not only tariffs, duties and fees tho overly non-tariff barriers that can imprint the way of doing business. If a Chinese fellowship decides to merchandise to Colombia, it leave have an advantage since China ranks as the second country from which Colombia imports. Potential industries are expendable veraciouss, nutrition industry and apparel. Conversely, if a Colombian phoner decides to export to China, this company has to estimate if it is workable to supply the demand on sentence and if the products are sufficiently adapted to that market.

In addition, it is authorised to strain that Colombia has attractive alternate agreements and tariff preferences with other countries and also, powerful ties with the US economy. On the other hand, China has recently conjugate the WTO and forthwith it has access to invidious tariffs around the world. The language and ethnical differences are important factors that do not have to be overlooked. For example, in China, establish good relationships or ?Guanxi? is the... If you want to stick out a full essay, rescript it on our website: Ordercustompaper.com

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