Japan

Located in Eastern Asia with more than 3,000 islands.

Population: 1.28 million with more than 35 million living in the capital, Tokyo.
GDP in 2011: US $5.9 trillion or US $45,900 per capita.
Faced global economic financial crisis in 2009 and GDP was dropped by 5.2%.
Becoming fashion mecca such as Zara, H&M, LV, Tiffany & Co were very popular and prosper
throughout Japan.
Younger generation expressed themselves by quickly purchasing any items that appears to
be the upcoming trends.
Many investors uses Japan as their testing markets for expensive products before launching
them into other markets.
While U.S. was once the primary regions to test new styles and experiments, however, Japan
works well internationally as Japanese are much faster to response to new products.
Employees are normally well groomed or dressed conversely.
They do not leave workspace until their boss has left as this implied that leaving early
singles out the employees and it is embarrassing for them to leave the office once it is
closed.
Many Japanese stays in a small homes with little extra rooms for extravagant purchases as
gift giving is common in the country.
However, as Japan continues to move toward individual tendencies, citizens may be
scrambling to find a way to express their own unique voice.

China
More than 1.3 billion people in the world.
Most populous country with a rapidly growing economy.
In 2001, 10.1% of GDP consists of agriculture, industry consists 46.8% which grows to 9.2%
in 2011 and the impressive performance is given by the global economic crisis.
Mixed economy with a combination of state-owned and private owned corporate firms.
In 2001, China entered into the WTO.
The Chinese government has made efforts to open trade and investors into foreign firms in
China but restrains the rights to limits foreign majority ownerships.
With the success hosting of the Olympic in Beijing, it reinforces pride and position as a global
leader in economy, culture, foreign relations and sports.
Despite the impressive growth, employees are demanding for better working conditions and
higher wages.
Widespread strikes at firms such as Foxcom, a large contract manufacturer that assembles
Apples IPhone and many other products).
Analysts believe that the era of Chinas reliance on low-cost labour to fuel its economic
growth may be coming to an end.
Chinese government and Chinese industries are investing in higher value-added products
such as clean energy technology, aviation and avionics and health care equipment.

Australia
Smallest continent but the 6th largest country in the world.
Over 22 million people lived in this British colony, one of the world most developed
countries.
Operates under a democratic form of government.
GDP was US$907.7 billion in 2011 in which services constituted two-thirds of its GDP.
A large financial service MNC in U.S. examined the demographics and economic data of
Australia.
They concluded that there will be an increase demand for financial services.
The financial services firm will operated differently in Australia as the country is so large.
Also, because of the different cultural values of the free spirit thus the home office felt
compelled to give the full decision making control to Australia manager.
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 The home office believes that Australian operation should gain a strong foothold in insurance
and investment services.

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