GEOG 130 Lecture Notes - Lecture 14: Asian Development Bank, China Investment Corporation, Canon Inc.
30 Apr 2018
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- Cost of Globalization
o Five major South African companies transferred their primary stock listing from
Johannesburg Stock Exchange (JSE) to London.
▪ It affeted the atioal pestige ad J“E’s aitios as a ajo gloal
equity market.
- With “outh Afia sellig fou ties as uh as it uys fo the, thee is a peeptio
that trade is a one-ay steet.
- African consumers welcome the improved service and choice of goods, by African
retailers and manufacturers want competition.
- Top Afia opaies ade Johaesug the otiet’s fiaial apital.
- Advance telecommunication, extensive airline connection, and stable government give
the city an advantage over alternative locations.
- The South African government is promoting a number of projects such as building roads,
rail networks, port, and power plants needed to convert buried minerals into cash
generating industries.
o Ex. A proposal in Congo calls for phosphate and base metal mining to support
construction of new electricity grids, ports, and roads linking area countries.
- Vietnam an Emerging Power
- Positive
- Vieta’s eooi goth—seod oly to Chia’s i Asia,
o The economy grew 8.4% last year, and the Asian Development Bank is
forecasting growth of 7.8% this year.
- Foreign National Corporation: Intel Corp. upgraded its initial plan for a $300 million
plant to invest $1 billion chip-assembly-and test-facility.
o The company investment is par with Santa Clara, California, and other companies
investment in China, Malaysia and Phillipines.
- Vietnam is becoming an alternative for Asian manufacturing base to countries such as
China or Thailand.
- Vietnam joined the WTO in 2007, leaders expect exports to rise by 25%.
- Vietnam is given incentives to foreign companies including tax breaks— a potent
attraction for electronic goods, which work on increasingly tight margins.
- It also take oly a hou o to to eah ay Asia’s ajo idustial hus.
- Vietnam sizable population makes it attractive market with 84 million people.
- Vietnam has the fastest growing market in the world for U.S. made product.
- Major investment has included from Samsung Electronic Co. and Canon Inc. and
international banks such as HSBC holding and Standard Chartered have bought stakes in
Vietnamese banks.
- Vietaese stok aket is Asia’s est pefoig aket so fa this yea, up 75%.
- Infrastructure: Ho Chi Minh City is planning to build monorail and underground rail
systems for the city to get the scooters off the streets and ease traffic congestion.
- Even if these two investments are forthcoming, the projects may not be completed until
2009 and 2013.
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Document Summary
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