Kuwaiti/Chinese Business Partnership - Term Paper Example

Extract of sample
Kuwaiti/Chinese Business Partnership

Sun and Mr. Wu were shocked and became a little hesitant to go ahead with the deal. There was too much at stake in this situation; their respective careers, CITIC’s business image in Kuwait and global and political pressures and implications. Mr. Essa Al-Ghurair tried to make amends so that the deal would still go through. He wrote a letter of explanation to CITIC and assured them that he was not personally responsible for his younger brother’s mistakes and neither was his organization. He claimed not to have any knowledge of the situation before it became public and requested CITIC to trust him and not let this incident taint his reputation or that of his organization. Mr. Sun and Mr. Wu were reassured to some degree but still faced some decisional conflict due to the fact that the Al-Ghurair brothers were very close to each other and it seemed unlikely that Mr. Essa Al-Ghurair would not have knowledge of his younger brother’s dealings on the stock market. Due the huge, political and economic implications of this project, Mr. Sun and Mr. Wu did not want to be hasty about the final decision on their side, because they would be to blame if anything went south. ...
Download paper


Kuwaiti/Chinese Business Partnership Name University I. Executive Summary This case talks about a proposed business venture between the Chinese conglomerate CITIC and the Kuwaiti conglomerate Al-Ghurair. The deal was being headed by Mr. Essa Al-Ghurair from the Kuwaiti end and by Mr…
Author : charlottechrist
Download 2

Related Essays

International business strategy in HR practices of the Chinese MNCs
In the 1990s China became the largest outward investor among the emerging economies and the eight largest supplier of FDI in the world. Only 32 of the largest MNCs out of the top 500 of the worlds were from emerging economies and out of these 32, 16 MNCs were from China (Fan, Nyland & Zhu, 2009). The ‘go abroad’ policy of the government urged the Chinese companies to expand abroad. Even though the global FDI fell by 20% in 2008, outward FDI from China nearly doubled during the period. The Chinese economy is expected to be the world’s largest by 2025 in terms of purchasing power parity...
16 pages (4016 words) Dissertation
Business plan for chinese restaurant
The owners wanted to provide the market, students from the University and nearby places, with an option for a quick-service restaurant that offers quality food at an affordable price. As an added novelty, the owners will add a twist to the product line by fusing oriental Chinese cuisine with western food to give customers something to rave about and come back for. The main vehicle for its Marketing is online advertising, utilizing the internet as a main tool in engaging the potential customers and enticing them into sampling the products. Social media and search engine optimization tools shall...
20 pages (5020 words) Essay
Strategic Asset Seeking. Chinese Business Groups and their Differences in Oversees Expansions.
Initially, the strategy of FDI targeted the developed countries, but with the improved technology, research, and development there has been impressive expansion of foreign investment in the developing countries, which contributes to the continued integration and growth in the global economy. However, as foreign direct investment increases and promotes the local communities and governments, the investors are driven by a certain motive; either to seek market, resource, efficiency, or for purposes of strategic assets as an opportunity in a foreign nation. Strategic asset seeking FDI aligns itself...
11 pages (2761 words) Essay
Dannone and Wahaha Partnership.
China was an important market for Group Danone owing to which the company along with Peregrine formed a Singapore registered company to invest in Joint Venture keeping 51% shares while Wahaha and employees had 49% of the shares. However the main motive of the Joint Venture is mentioned below:...
5 pages (1255 words) Case Study
Chinese Business Culture
Accordingly, business culture of a particular country can be defined as a specific way of business relations existing between the members of a company influenced by national cultural values and norms....
4 pages (1004 words) Essay
Business strategy in Chinese restaurant
Several other outlets of Hai Di Lao Hot Pot were also started and the business operations were carried through this chain of restaurants. The restaurant reached a stable growth rate over time and this enabled it to open multiple outlets and marketing stores in Nanjing, Tianjin, Shanghai, Beijing and other locations of China. The company employs about 15,500 employees (Hai Di Lao hot pot, 2014)....
8 pages (2008 words) Assignment
Got a tricky question? Receive an answer from students like you! Try us!