write a report ABOUT TEXTILE IN CHINA 2 or 2 1/2 pages
The purpose of the assignment is to find up-to-date information that you would need to know in preparing to do business with another country. Select a country that is a major U.S. trading partner in the textiles and apparel area. Prepare a written analysis of that country that will include information that would be helpful to know, such as;
WE CHOOSED CHINA
DO 8,9,10,11,12,13,14 AND DO'T DO IT LIKE QUESTIONS AND ANSWER I WANT IT LIKE A REPORT
- Geographical location: language(s) spoken
- Major cities: major ports: major airport availability
- Natural resources: major agricultural crops
- Major types of manufacturing
- Major import and export: proportion of import and exports related to textiles and apparel: major trading partners in textiles and apparel
- Skills and educational level of workers
- Level of communications, power, and transportation infrastructure: any problems existing
- Economic level of consumer: expenditures of consumers: potential for their being customers
- Population
- Gross domestic product (track since 2005)
- Domestic inflation rate (track since 2005)
- Trade balance (track since 2000)
- Amount of foreign debt (track since 2004)
- Social, religious, ethnic, etc. problems that might affect trade
- U.S. exports to country, gross and textiles and apparel (track since 2002)
- U.S. imports from country, gross and textiles and apparel (track since 2002)
- Foreign investment in country
- Growth rate of economy
- Government structure: ruling party and attitude toward trade
- Participation in international organizations, such as ISO (in English, International Standard Organization)
- WTO or NAFTA members?
- Potential for trading in textiles and apparel
- Things to do or not to do if doing business in country
- Name, address, phone no., fax no., for nearest embassy
- Name, address, phone no., fax no., for nearest consulate
- Name, address, phone no., fax no., for nearest trade office or trade promotion organizations in the U.S.
- Name, address, phone no., fax no., for appropriate offices in country selected (Chambers pf Commerce or equivalent, trade associations, manufacturing associations)
- Name and location of U.S. government and private organizations that could provide information or assistance
- Internet sites for trade databases, business opportunities, exporters’ directories for country.
You may not be able to find all the information listed above and you may think of other things that you would need or want to consider in deciding whether to become involved in trade with the country that you selected.
Write up to information that you have found as a report, such as you would make to a company’s executive officers. Provide a list of sources of your information, which could include state and federal government publications (World Bank publications, United Nations or World Trade organization publications, telephone conversations and interviews, media sources, internet sources, professional literatures, newspaper, business publications, etc.). Note the large number of sources listed in the bibliography in the textbook. Be sure that you are using the current information. Prepare an oral presentation using PP slide.
The following web sites could be a reference.
California Chamber of Commerce http://www.calchamber.com/international/html
Export Hotline (a commercial site) http://www.exporthotline.com
Los Angeles Area Chamber of Commerce http://tradeport.org
California Trade and Commerce Agency http://www.commerce.ca.gov/internationa
Imex Exchange (trade promotion site) http://www.imex.com
International Trade Law Library http://www.intl-trade.com/library.html
Small Business Administration’s
Office of International Trade http://www.sbaonline.sba.gov/oit
Minneapolis-based Export Institute http://www.exportinstitute.com
Assn. of International Business http://www.earthone.com/internat.html
America Export Register http://www.aernet.com
(directory of 45,000 companies, searchable by product and service categories in 6 languages. “Exporting from America” lists U.W. embassies, missions and consulates overseas and other nuts and bolts information.
The Commerce Depart has a subscription service to its site of trade and economic statistics (LA Times says information is available elsewhere).
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