Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Pakistan China In Relation Defence Analysis System History Essay

A policy governing international relations. A country's foreign policy, also called the international relations policy, is a set of goals outlining how the country will interact with other countries. General objectives that guide the activities and relationships of one state in its interactions with other states. The development of foreign policy is influenced by domestic considerations, the policies or behaviour of other states, or plans to advance specific geopolitical designs.

Pakistan's foreign policy has been marked by a complex balancing process--the result of its history, religious heritage, and geographic position. The primary objective of that policy has been to preserve Pakistan's territorial integrity and security, which have been in jeopardy since the state's inception.

A new era began with the partition of British India in 1947 and the formation of two independent, sovereign states--India and Pakistan. Both nations searched for their place in the world order and aspired to leadership roles beyond the subcontinent.

Pakistan's desire for maximum balance and diversification in its external relations has also led to close relations with China--a valuable geopolitical connection. In 1950 Pakistan recognized the new People's Republic of China, the third non-communist state and the first Muslim country to do so. The deterioration in Sino-Indian relations that culminated in the 1962 border war provided new opportunities for Pakistan's relations with China. The two countries reached agreement on the border between them, and a road was built linking China's Xinjiang-Uygur Autonomous Region with the Northern Areas of Pakistan. China supported Pakistan diplomatically in both its 1965 and 1971 wars with India and provided Pakistan with economic and military assistance. Pakistan's China connection enabled it to facilitate the 1971 visit of United States secretary of state Henry Kissinger to that country, and in the 1980s China and the United States supplied military and economic assistance through Pakistan to the Afghan mujahidin fighting the Soviet occupation forces. Pakistan's ties with China remain strong, and friendly relations between the two countries continue to be an important factor in Pakistan's foreign policy.

China–Pakistan relations began in 1950 when Pakistan recognized the People’s Republic of China. Favourable relations with China have been a pillar of Pakistan's foreign policy. China has always helped Pakistan in each and every sector. It also supports Pakistan’s stance on Kashmir issue. China has provided its support in energy, education, communication, economic and defines sectors. It has launched great developmental projects in Pakistan. The two countries will soon carry out more advanced projects of communication including railway and road links and fibre optic. Chinese cooperation with Pakistan has reached high economic points with substantial investment from China in Pakistani infrastructural expansion. Both countries now have free trade agreements. In recent years, bilateral economic and trade cooperation between China and Pakistan have developed rapidly Pakistan and China agreed to take the bilateral trade to $15 billion by year 2011 from the existing $7 billion dollars.

After the 1990 imposition of U.S. sanctions on Pakistan, China became the country's leading arms supplier. Collaboration now includes personnel training, joint military exercises, intelligence sharing, and counterterrorism efforts.

China and Pakistan share a close military relation, with China supplying a range of modern armaments to the Pakistani defines forces. The policy of having good relations between the armed forces was taken in order to counter the balance of power in the Asia. In recent years this relationship has deepened even further by having defines agreements between Pakistan and China.

Military cooperation has strengthened with joint projects producing armaments ranging from fighter jets to guided missile frigates. China has been a steady source of military equipment to the Pakistani Army and also has helped Pakistan to set-up mass weapons production factories and also has given technology assistance and modernized facilities. Now Pakistan's Army has both short- and medium-range ballistic missiles, such as the Shaheen missile series, that experts say are modifications of Chinese imports.

In the last 20 years, the countries are involved in the joint venture of several projects to enhance military and weaponry systems, which includes JF-17 Thunder fighter aircraft, K-8 Karakorum advance training aircraft, space technology, AWACS, Al-Khalid tank, Babur cruise missile. The armies have a schedule for organizing joint military exercises. In 2007 China became Pakistan's biggest arms supplier with no strings and conditions attached; Chinese came up with a true strategic partnership.

Military cooperation has strengthened with joint projects producing armaments ranging from fighter jets to guided missile frigates. China has been a steady source of military equipment to the Pakistani Army and also has helped Pakistan to set-up mass weapons production factories and also has given technology assistance and modernized facilities. Now Pakistan's Army has both short- and medium-range ballistic missiles, such as the Shaheen missile series, that experts say are modifications of Chinese imports. In the last 20 years, the countries are involved in the joint venture of several projects to enhance military and weaponry systems, which includes JF-17 Thunder fighter aircraft, K-8 Karakorum advance training aircraft, space technology, AWACS, Al-Khalid tank, Babur cruise missile. The armies have a schedule for organizing joint military exercises. In 2007 China became Pakistan's biggest arms supplier with no strings and conditions attached; Chinese came up with a true strategic partnership.

Recently joint naval exercises were also conducted which helped both Pakistanis and Chinese to learn from their experiences. China has also built F-22 frigates for Pakistan. Frigates will be deployed for the defines of Pakistan’s maritime interests and to meet commitments in other aspects of maritime diplomacy. Out of four the first frigate was inducted in Pakistani Navy in July 2009 and last one is expected to be in 2013.

According to Pakistan’s naval analyst this deal involves the eventual transfer of Chinese technology that will help Pakistan eventually improve its naval shipbuilding capability in a way that the country has not been helped by any of its other allies (including the U.S.).

China has taken a significant step in meeting Pakistan’s military needs with the completion of a militarily important naval frigate as part of an $800 million deal, which analysts say will further deepen Islamabad’s reliance on Beijing as a key supplier of military hardware.

China has also helped Pakistan in its nuclear program. China supplies Pakistan with nuclear technology and assistance; including what many experts suspect was the blueprint for Pakistan's nuclear bomb.

China has offered to Pakistan military aid in order to fight against the terrorist activities on their soil. China promised that they will further cooperate with Pakistan in dealing firmly with terrorists. After the aid Pakistan will also purchase military equipment from China to fight terror to which China have agreed. This will strengthen cooperation between two Armed Forces. China and Pakistan also hold joint anti-terror military exercises after regular intervals.

Recently Pakistan’s Prime Minister Syed Yousaf Raza Gilani visited China. Both countries vowed to boost up collaboration in defines and counter-terrorism. Prime Minister Yousuf Raza Gilani invited Chinese defines industry to set up joint ventures in his country for warships and fighters. He said that Pakistan is interested in the production of defines-related equipment and setting up of local overhauling facilities, and invited the Chinese companies to invest for joint ventures in this regard.

Pakistan and China have witnessed long-term close military exchanges and carried out comprehensive military cooperation, in accordance with the sound development of the bilateral relationship.

Attaching great importance to China-Pakistan relations, China promised to work together with Pakistan to further develop the bilateral military relations.

Pakistan cherishes the traditional friendship and cooperation with China, and is ready to make concerted efforts to strengthen military ties.

Pakistan was in one of its periodic lows in its relationship with the United States till September 11, 2001 and more specifically till the precise moments the World Trade Centre in New York and the Pentagon were rammed into by Islamic Jihadi terrorists. 

Till 9/11 and in the decade preceding the hallmarks of Pakistan’s external relationships and policies were:

Pakistan-China relationship reached its highest point strategically. China with an incessant flow of blueprints, designs, and components to Pakistan facilitated it’s emergence as a nuclear weapons power with a credible missile arsenal. 

Pakistan and China’s strategic dalliance was conducted in open defiance of United States sensitivities, and periodic sanctions against both. 

United States officials, think tanks, and academia had rightly termed Pakistan as a 'rogue state', 'failed state' and the cess-pool of Islamic Jihadi terrorism. 

Pakistan held sway over Afghanistan through its creation and protégé, the Taliban. 

Afghanistan under Pakistan’s control was converted into a nursery for Islamic Jihadi terrorism and export of Islamic terrorism not only to India, but wider a field. 

Osama bin Laden and his Al Qaeda outfits regularly flitted in and out of Pakistan planning and preparing for their diabolical strikes against the United States. 

Pakistan’s acquisition of nuclear weapons and IRBMs from China and China’s tolerance of Pakistan’s state-sponsored Islamic Jihad served the mutual strategic interests of both countries, namely:

China was able to generate strategic embarrassments for the United States through Pakistan. 

Pakistan hoping thereby to use its strategic delinquencies as bargaining chips with the United States for strategic and economic gains. 

Pakistan was thus a convenient pressure point for China against the United States. 

September 11, 2001 unprecedented onslaught by Islamic Jihadi terrorists on United States symbolic citadels of its military and financial might occurred due to Pakistan’s tolerance of Osama bin Laden and Al Qaeda activities on Pakistan soil and from Afghanistan, under Pakistan’s military control. 

Post 9/11, Pakistan under intense American coercion and warnings opted for what apparently appeared to be a complete strategic reversal of its policies.  Overnight, the following happened :

Pakistan abandoned the Taliban.

Pakistan hosted nearly 48,000 US troops on Pakistani soil and the use of Pakistani Air Force bases for launching of American military operations against Afghanistan. 

Pakistan apparently allowed its strategic convergences with China to lapse.

The United States very gracefully sanctified Pakistan’s strategic reversal with glorified labels of ' strategic partner in global counter-terrorism War ', 'frontline state' and in the process beatified and accorded political legitimacy to the Pakistani military dictator, General Musharraf.

Against such a backdrop, the moot question arises and has escaped due analysis in public debate is whether Pakistan’s strategic reversal post 9/11 signalled an end or a dilution of the Pakistan-China relationship.

In the immediate aftermath of 9/11 and Pakistan’s apparent willingness to be embraced by the United States, it was logical to assume that Pakistani strategic alliance was on the way to dilution if not a total change. Pakistan seemed to be enjoying the American embrace once again. 

However, by the spring of 2002, unfolding events started giving clear indications that Pakistan’s strategic alliance with China stood unchanged. These unfolding events were:

Pakistan’s continued receipt of IRBMs and missile assemblies from China, and China-facilitated supplies from North Korea. 

Pakistan’s signing of a defines pact with China with the focus on joint defines research and production. 

Exchange of high-level defines visits. 

Pakistan’s invitation to China for development and construction of her strategic naval base at Gwadar on the Makran coast. This Pakistan-China defines project has far wider strategic significance for two reasons. It gives China access and basing facilities in the Indian Ocean and in close proximity to the Straits of Hormuz.

None of the above developments in Pakistan-China strategic relationship post 9/11 contribute in any way to the United States global war against terrorism or bringing back Afghanistan to normalcy. On the contrary, these Pakistan-China developments as in the period prior to 9/11 create strategic embarrassments for US. Further, these developments and specifically the Chinese involvement in the Pak naval project at Gwadar are strategically destabilizing to South-West Asia region – a region strategically crucial for United States national security interests.

  The Pakistan-China strategic alliance did not emerge as a matter of convenience. It emerged out of strategic compulsions of both Pakistan and China and the ensuing strategic convergences. Pakistan-China strategic convergences continue to exist. 

The United States need to note that unlike the Pakistan-United States strategic relationship, the Pakistan-China strategic alliance was not born from Cold War compulsions. To that extent it will prevail and Pakistan’s strategic relationship with China will continue to be the cornerstone of Pakistan’s foreign and strategic policies.9/11 has not thwarted Pakistan’s slide into Islamic fundamentalism. In that context also, it is China, which continues to be perceived in Pakistan as a bulwark against an over-domineering United States. 



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Hsbc Has Its Roots Back In China Marketing Essay

 


HSBC has its roots back in China and was established in the year 1865 to finance the growing trade between China and Europe and the group is named after its founding member. HSBC provides a wide variety of banking and financial services like personal financial services, commercial banking, corporate banking, investment banking and markets, private banking etc. HSBC has been successful in expanding its business in over 87 countries making it one of the biggest financial organisations in this world.


HSBC has been widely accepted around the globe by its customer's as the 'Worlds Local Bank'. The organisation has received the customer's faith very well and has been committed to make better financial and banking products to cater their needs.


HSBC has made its mark as one of the biggest global online payment service providers, their global product known as the HSBCnet is undoubtedly the best and the most used payment products in the world. The HSBCnet allows the businesses to transfer and make payments all around the world in a hassle free and cost effective way. The other services of HSBC which are common in all the countries are HSBC Premier and HSBC personal banking. HSBC Premier is perhaps the most liked privilege bank accounts by the customers. The premier service of HSBC marks the elite class of the public and the Brand attracts more and more customers to the bank. In 2008 HSBC was honoured as the world’s most valuable banking brand by the banker magazine. The organisation has backed many other such prestigious awards in the past, few of the latest ones are:


The Best Consumer Internet Bank Award in November 2008 by Global Finance Magazine


Top World Bank Award in July 2008 by The Banker


Best Emerging Markets Bank Award in July 2008 by the Euro money.


Followings are PESTEL Analysis of HSBC Group.


There are certain political factors that affect HSBC Group and its operation in various countries of its operation. Each country has their own political system and hence a proper analysis of the same is important from the organisations point of view to rule out the possibilities of any unforeseen hardships.


For HSBC Group their outsourced business processing centres in various countries like India, China, Philippines is their major strength and the amount of money the organisation saves due to operating in an overseas land is massive and in certain countries the government is restricting the foreign organisations to start their outsourced business which could prove to be a major loss for the organisation. Also, countries like UK and America where in the major part of the HSBC's business is outsourced to India, there is an increase in protectionism among the people and hence there is a threat that the government may take strict decisions in regards to keeping UK jobs in UK and American jobs to their native land for their citizens. These few above factors could be few of those political factors that HSBC as a global organisation needs to analyse to withstand any crisis.


Economic factors:


There are many Economic factors that need consideration by HSBC as a Global Bank. The changes imposed by the government during their budget sessions on the Value Added Taxes can cause issues related to finance within the organisation.


The other major changes like the increase in rate of the government bank can impact in the change and modification of the interest rate of the savings accounts that HSBC provides in that country. For e.g. in India the changes in the base rates of interest by the Reserve Bank of India, created havoc, the rate of interest by the government post offices and Government banks were increases quite a lot and hence to retain the business the Multinational Banks had to increase their rates of interest as well. This kind of unpredictable governmental and political scenario could have adverse effects on the business.


The economic factors like the decrease in the base lending and mortgage rates by the government can prove to cause major losses to the bank. Especially, in today’s current market wherein the Banks are slowly recovering from recession phase that hit various countries like UK, America, etc. few years back. The banks are in full swing trying to recover the money they have lost due to the irresponsible UK and US spending pattern and it would be a major setback for the Banks if such economic factors arise at the moment.


Constant fluctuating stock markets can also be considered an important factor for the banks. The volatile stock exchanges like the NYSE, NASDAQ, BSE, London Stock Exchange etc., where HSBC is listed can result in major fluctuations in the profitability of the organisation.


Social Factors:


As society and behaviour changes HSBC should offer services that primarily focus on benefiting the needs of the masses. The organisation needs to keep up with the pace of constant change in the demand and should focus on making certain different products that fit the need of the changing demands of the modern youth.


HSBC has been quite innovative in analysing the social market change and have come up with various new products around the globe to meet the expectation of the present day society.


HSBC's launched a new account called Passport account for the International Students in UK, the account features a debit card, a travel insurance, free driving lessons, discount coupons and a lot of other attractive benefits from a student’s point of view for as little as £8 a month, as they recognised the potential opportunity to attract the students to join HSBC.


HSBC has also been generously contributing and volunteering for the betterment of the society.


Technological Factors:


HSBC is known for its use of hi-technology. However, in the past the group has been victim of identity fraud, online server hacks, customer's sensitive account data disc loss etc. The group should concentrate on eradicating such occurrences as these can hamper the image of the organisation and people would start losing their faith in HSBC.


When banking is considered, it’s all about money and a lot of customer's changed their banks during the period when the security disc with sensitive customer details was lost few years back. However, HSBC does take good preventive measures to stop and avoid such occurrences, but, these online threats are still inevitable.


HSBC also has the biggest corporate and business online payment product in the world known as HSBC net (as discussed above), wherein transactions worth millions take place every day. However, there hasn’t been any security threat reported in regards to this product which is quite commendable and proves HSBC's highly skilled IT staff and proper investment in technology.


Environmental factors:


HSBC has made numerous contributions to the environment. The organisation has partnered with the Earth-watch institute, wherein the selected employees from the organisations worldwide go to various locations worldwide to study the environmental issues in that particular region, analyse what causes the environmental concerns and find solutions to fight it. The organization is also keen on conserving electricity by preventing the misuse and abuse of electrical appliances. In the annual report of HSBC Holding plc its mentioned that HSBC has contributed to the planet largely, just by following the best practice of switching off the computers and lights when they are not in use.


HSBC was the first banking organization to become carbon neutral. Soon after that the other organisations started following its footsteps.


HSBC also organises various campaigns in India wherein the employees go around the city and spread the awareness regarding environmental issues.


Legal Factors:


There are various legal factors effecting the external operating environment of HSBC. There are some fixed rules and regulations set by the government which the organization needs to abide with and failing to perform within those legal norms may lead to legal proceeding against the group.


Porter’s Diamond of national competitive advantage focuses on four main variables i.e. the nature of home demand, of national and created factor endowments, of inter-firm rivalry, and of related and supporting industries and two which influence these, chance and government (Safarian, A.E., 1993). Michael E. Porter used a diamond shaped diagram as the basis of a framework to illustrate the determinants of national advantage. This diamond represents the national playing field that countries establish for their industries and organizations.


Porter's Diamond of National Advantage


Followings are SWOT Analysis of HSBC group.


The biggest strength of HSBC is it brand name. The organisation has been functional in the banking and financial field from the last 150 years and has thus been successful in making a huge brand name.


The brand name of HSBC has great reputation in the market with the customer's and due to which HSBC has a strong loyal clientele.


HSBC has a huge clientele including the top businesses round the world like McDonalds, Subway etc. and these company share a long and good reputation with the organisation. The bank has been thus far successful with its customer satisfaction. The customer satisfaction surveys rate HSBC at the top.


The organisation also has a great customer focus; they make products round the world, which suite the customers need. The bank has numerous banking products for the people belonging to all sections of the society.


HSBC Premier Service of HSBC marks the high standards and high standard customers. The account comes with features like a platinum card with huge global benefits, free cash withdrawals worldwide and other more attractive benefits.


HSBC flaunts its business worldwide and calls itself the 'Worlds Local Bank'. HSBC has over 140 years of experience in China, which also helps to build up the trust of their customer’s, making it one of the oldest banks in the world.


One of the major problems that HSBC is facing in the UK is protectionism, due to it complete outsourcing of its banking back office work and call centres to Asian countries. The fact that UK is left with fewer employment opportunities due to the major outsourcing of such a huge bank has caused an emotional unrest among the people of UK. The customer's do not prefer their bank account details to be accessed by people from other countries and quite a few are losing their faith in the bank due to this.


The other threat due to outsourcing is that the customer's face numerous problems due to HSBC's having their call centres abroad in non-English speaking countries. Wherein a lot of customers have reportedly complained that the people taking the calls do not understand them and this has increased the number of customer complaints in UK and America.


There was a sensitive customer data loss by HSBC and their servers have been hacked by hackers make it quite vulnerable to online fraud and other fraudulent activities. These issues have actually weakened the strong brand loyal customer's of HSBC.


HSBC underwent a major crisis while it acquired HFC in the US under the leadership of Sir John Bond only to realise that HFC was the subprime lender in the US and this merger led to the shutdown of HSBC Finance in the US leading to major losses and huge job cuts. Careful consideration and analysis should be done by the management before taking these acquisitions decisions.


Furthermore, HSBC has been facing multiple issues globally with the retention of theirs staff in the main areas of their organisation. The company suffered huge losses due to high attrition rate among the skilled employees. The employees felt that they have become the first victim of the company’s new mantra of ‘Lean Mean and Hungry’ and working in the ‘Leanest way possible’.


HSBC's opportunities are vast, the organisation can grow further globally, it has its presence in 87 countries already and on its mission to become truly the world’s local bank. The other key opportunities of the organisation include further mergers and acquisitions.


In the past HSBC has been actively involved in acquiring smaller and larger banks across the globe. One of the biggest acquisitions so far by HSBC was in 1992 when it acquired the Midland Bank PLC. In the year 1999 HSBC took another major leap in acquisitions by taking over Republic National Bank of New York in USA.


A major threat that HSBC faces is in establishing itself and sustaining in the new countries despite the huge cultural differences in respect to the customer’s need and its operational environment within the new country. HSBC has been and will be facing many such issues and they need to identify the threats and try to maintain their image of being the ‘World’s Local Bank’.


HSBC needs to prepare itself to face economic turmoil’s and recessions. The bank needs to make important changes in their lending rules in UK and US, as many surveys suggest that the recession hit the market as people bought unnecessary goods for unnecessary people that to in credit from banks, which they were unable to pay for. Hence, to rule out the threat of major losses which actually lead to the recession HSBC needs to make major reforms in terms of their Credit Card lending conditions and Mortgage terms and conditions. The bank has suffered downfall in the US mortgage market as well.


HSBC has been facing issues with the employee satisfaction as well. During the period of recession the company faced high attrition as many skilled employees left the organisation, as they were not paid the promised bonus. HSBC needs to focus more on the needs of it employees and try employee retention techniques.


HSBC.com, (2010) About HSBC [Online] Accessed Date : 5th September 2010


Haig, M. (2004) Brand loyalty United Kingdom: Kogan Page Limited


Slack,N., Chambers,S., Johnston, R., Betts, A.(2006) Operations and Process Management England: Pearson Education Limited.


“Controls and procedures” (2002) Annual Report of the year, [Online] Available at: [Accessed on 3 September 2010]


Hill, C. & Jones, G.( 2009) Strategic Management Theory: An Integrated Approach. Google [online] Available at : [Accessed on 03 September 2010]


BBC News, 2 Aug 2010, HSBC sees profits double to $11bn


Accessed 5 September 2010



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Pharmaceutical Industrial in China

Cosmetics Market in China

  1. Market Structure

  1. number of firms
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2. its size and distribution

      Cosmetics products are sold through diverse distribution channels in China including department stores, supermarkets and hypermarkets, specialty stores, pharmacies, direct sales and online sales; of which, department stores, supermarkets and hypermarkets take the lion’s share in cosmetics retail sales.

1. Department stores

      Long perceived by Chinese consumers to be the right place for genuine, reliable and quality products, department stores are the major retail channel for skin care products, color cosmetics and fragrances in China. For many cosmetics players, department stores are the key platforms to build their brands. For instance, L’Oréal currently sells most of its products in China through department stores and its products are available at over 500 department stores in the country.

      Today, competition for counter space in department stores is fierce. Many smaller and less reputable brands, particularly the domestic ones, are forced to move out. This is especially true for department stores positioned at the up market—domestic cosmetics brands are virtually absent.

        But as an increasing number of cosmetics players unveil plans to expand retail presences in other channels, department stores as the major cosmetics retail channel are not without challenges. Some department stores have strived to differentiate themselves through offering more personalized services.       The yearlong strategic partnership between Beijing Wangfujing Department Store (Group) and L’Oréal formed this April is a case in point. Until the end of September, L’Oréal will provide beauty services for VIP members of Wangfujing Department Store’s flagship stores in Beijing, Chengdu, Changsha and Wuhan. It is hoped that the offering of more personalized services can cultivate customer preference and loyalty....



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