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China's Export Industry and Supply Chain: A Case Study

   

Added on  2023-06-10

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Case study
China's Export Industry and Supply Chain: A Case Study_1

Table of Contents
MAIN BODY..................................................................................................................................3
Question number 1:......................................................................................................................3
Question number 2:......................................................................................................................4
Question number 3.......................................................................................................................5
REFERENCES................................................................................................................................1
China's Export Industry and Supply Chain: A Case Study_2

Question number 1:
China is developing country and it has string connection of business with various other
countries. Although many industrial country fear that china has been exporting and will be major
competitors of the industries. Thus, china export has been growing rapidly and emerging various
sector of business area. Although one of the major export industry of China is of clothing sector
and textile. But from few years’ country has been taken charge of electric industry and it export
new products with good quality like cell phones, telecom network and higher end medical
product. Moreover, China is export leader in many areas but there are few sectors in which it
was not a net importer. It imports resources in order to sustain their resources and it is world
leading customer in cotton, aluminium, steel and cotton. It is second leader in industries like oil
like iron, copper and soybean etc. Although it also deals with autos, steel and domestic
production. However, most of the goods that china export is Machinery like computers,
broadcasting technology and transport equipment. The country also produce textile, metals and
chemical products in order to increase their sales rate. Thus, china is expanding their business by
building healthy relation with other countries and covering their market area. It has been found
that most of the electronic products is good quality but they are not very expensive in nature. So
this strategy of selling their products has helped the country in increasing their export rate and
earning huge profit which directly improve the economy growth. In addition to this, china is
mainly known for electric products as it did world famous for it such as their company like
Xiomara has been very famous in market area of India as it gives various features in low price.
Thus, it is affordable by consumer easily. Moreover, the country has also developed a telecom
application like Tactic which was world famous and still running in top famous app in many
countries. However, due to complication with some countries at time of Covid -19 it has been
banned. The Tic took application has allowed the country to earn huge profit and to enhance
their GDP rate. Although some of the major trading partner of the country is US, Hong Kong,
Japan, Korea and Vietnam. Along with this, China has been largest producer of grain as it has
huge land area such as it sells sugar and milled rice at global market.
Question number 2:
Due to pandemic china was in lockdown for several months and it has lead down the economy
under strain. There has been scarcity in the supply chain as trading has been closed due to
China's Export Industry and Supply Chain: A Case Study_3

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