Analysis of purchasing markets in the region of Asia

Authors

  • Yangyan Shi School of Economics and Management, Shanxi University, Shanxi 030006, China

DOI:

https://doi.org/10.18533/job.v1i3.4

Keywords:

Purchasing, International sourcing, Market research, Asia

Abstract

Due to the financial crisis 2008, many countries have faced the challenges from the economic downwards. There are many economic entities emerging from the region of Asia. Many foreign companies focus on exploring the Asian markets, due to low labor cost, cheap raw materials, and international transportation hub. This paper mainly examines purchasing markets in the region of Asia. Analyzing the economic outlook and business environment reveals the current market situation in the region of Asia. In addition, this paper highlights the key industries for each Asian country, which help international firms understand the features of industries in each country. A summary of popular exports products is also listed. The contribution of this paper is to give a comprehensive understanding overall of purchasing markets in the region of Asia.

References

Business Monitor International. (2010). Business Forecast Report-Singapore. London: Richard

Londesborough & Jonathan Feroze.

Alibaba Websites. (2010). Retrieved Feburary 10, 2010, from www.alibaba.com

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Published

2016-05-01

Issue

Vol. 1 No. 2 (2016): May

Section

Articles

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