A Comparative Analysis of Diversity in Business: China and the United States
Overview
This paper compares China and the United States regarding diversity factors in business operations. It examines dominant and non-dominant populations, employment disparities, legislation, and diversity concerns that business people should consider when operating in either country, particularly in the context of recent trade tensions.
What this essay covers
- Introduction: Overview of US-China trade relations and corporate competition including Huawei
- Part A: Key Diversity Concerns in China - racial homogeneity, ethnic diversity, and racial inequality issues
- Dominant and Non-Dominant Groups - Han Chinese majority (91% of population) versus 55 minority ethnic groups including Zhuang
Preview
Final Project
Name
Institution
Course
Instructor
Date
Abstract
This article compares China to the US on the factor of diversity in doing business.No doubt that the evolution of technology has eased doing business across the world. Many nations have embraced and developed better communication methods, primarily through the adoption of the internet. China and the United States are well known for trade and innovations, not forgetting the two nations' battle for supremacy. However, diversity is a significant point of concern when it comes to engagement in business. Business people want to be in a country that embraces diversity and has few challenges against their targets. China and the US are well known for innovations, significant investments, and trade wars. Each global corporation desires to enter into either of the markets. The paper addresses China's key diversity concerns; the dominant and non-dominant groups; participation rates, earnings, and employment differences between these groups; legislations of these groups within the country; and similarities or differences in China's diversity and the United States. Further, the paper addresses the diversity factors that a business person would be concerned about when starting a business in the country.
Introduction
In recent times, China and the United States (US) have been involved in trade wars, forcing companies from either side to face challenges in business operations. China is perceived as an emerging superpower. The US fears losing its position as a world economic superpower. Additionally, Chinese corporations have entered many nations of the world, not forgetting their large presence in the US.