Strategic issues for Korean distribution companies' penetration of the Chinese market

Since the declaration of reform and market opening from China in 1990, China has drawn much attention from the world thanks to its rapid economic growth and its emergence as the world's major consumer market and the center of the global economy. Moreover, it established the new trade order, mak...

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Main Authors: Chang-Yeoul Choi, Joo-Young Lee
Format: Article
Language:English
Published: Emerald Publishing 2009-12-01
Series:Journal of International Logistics and Trade
Online Access:https://www.emerald.com/insight/content/doi/10.24006/jilt.2009.7.2.83/full/pdf
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author Chang-Yeoul Choi
Joo-Young Lee
author_facet Chang-Yeoul Choi
Joo-Young Lee
author_sort Chang-Yeoul Choi
collection DOAJ
description Since the declaration of reform and market opening from China in 1990, China has drawn much attention from the world thanks to its rapid economic growth and its emergence as the world's major consumer market and the center of the global economy. Moreover, it established the new trade order, making East Asia the center of the new trade trend as it becomes a manufactural and sales stronghold of multinational companies. The Chinese distribution market is expected to show a high growth rate by 2010 and it draws attention as a new business sector which can bring huge profits. However, advancement of the Chinese distribution industry now faces systemic problems and research on such problems is insufficient. Therefore, in this study we will conduct SWOT analysis based on previous studies on the Chinese distribution industry and use it as a ground to propose strategic solutions for development.
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spelling doaj.art-eb6d11fa03b7449ab930b5f94b6c2e662023-11-17T10:43:49ZengEmerald PublishingJournal of International Logistics and Trade1738-21222508-75922009-12-0172839810.24006/jilt.2009.7.2.83Strategic issues for Korean distribution companies' penetration of the Chinese marketChang-Yeoul Choi0Joo-Young Lee1Research Professor of Jungseok Research Institute of International Logistics and Trade, Inha University, Incheon, KoreaResearch Professor of Jungseok Research Institute of International Logistics and Trade, Inha University, Incheon, KoreaSince the declaration of reform and market opening from China in 1990, China has drawn much attention from the world thanks to its rapid economic growth and its emergence as the world's major consumer market and the center of the global economy. Moreover, it established the new trade order, making East Asia the center of the new trade trend as it becomes a manufactural and sales stronghold of multinational companies. The Chinese distribution market is expected to show a high growth rate by 2010 and it draws attention as a new business sector which can bring huge profits. However, advancement of the Chinese distribution industry now faces systemic problems and research on such problems is insufficient. Therefore, in this study we will conduct SWOT analysis based on previous studies on the Chinese distribution industry and use it as a ground to propose strategic solutions for development.https://www.emerald.com/insight/content/doi/10.24006/jilt.2009.7.2.83/full/pdf
spellingShingle Chang-Yeoul Choi
Joo-Young Lee
Strategic issues for Korean distribution companies' penetration of the Chinese market
Journal of International Logistics and Trade
title Strategic issues for Korean distribution companies' penetration of the Chinese market
title_full Strategic issues for Korean distribution companies' penetration of the Chinese market
title_fullStr Strategic issues for Korean distribution companies' penetration of the Chinese market
title_full_unstemmed Strategic issues for Korean distribution companies' penetration of the Chinese market
title_short Strategic issues for Korean distribution companies' penetration of the Chinese market
title_sort strategic issues for korean distribution companies penetration of the chinese market
url https://www.emerald.com/insight/content/doi/10.24006/jilt.2009.7.2.83/full/pdf
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