Asia has developed in a number of ways in recent years, and within the continent, has received a lot of economic growth and strength. Many Asian countries have gained a nuclear status, and are seen as a potential threat to the west politically speaking. Asia has become very integrated into global trade and investment inside and outside. India has received a lot of investment in the services sector and China has been dominated by manufacturing to obtain a competitive advantage. FDI has had a significant impact on the success of these Asian countries. In early 1990, Deng Xiaoping's policy of renewed domestic investment in China, opening up of China, foreign direct investment, with an increasing number of wholly owned subsidiaries of foreign companies, but a huge improvement in terms of GDP, which is reinvested for the further development of the country.
As Africa and Asia become increasingly integrated in trade and foreign direct investment, Africa could begin using the criteria of FDI and the management structure of the Asian followers should accept as an example, if Africa is to develop economically in the same way. As Asian countries like India, China and Singapore further develop at this this fast rate, they must consume raw materials and fuel in the country. These internal goods are scarce and require careful economic, environmental and political attention. Of course, if countries are investing in Africa, the economic conditions of the countries want something in return. "Africa is almost 90% of the world's cobalt, 50% gold, platinum 90%, 70% tantalite, 98% chromium, 64% magnesium and 33% for uranium, (economywatch.com / world_economy / Africa, 2010). There will be an increase in the demand for legal translations and marketing translations.
And 'by multinational companies (MNCs) and foreign direct investment from emerging Asian economies, especially in Africa. It 'important to note that many of these powerful transnational corporations with close ties to their governments, gaining a lot of political support, which in turn would mean that the political objectives of some of what you approve of the multinationals, this is the point Critical is strongly driven by domestic investors from the west (bbc.com / news / Africa, 2010). In 1960, China has invested $ 500 million to build a railway linking Tanzania and Zambia, which is known as "Freedom Train". It represents the freedom of people under colonial rule, people had very limited movement. It has created jobs for local people in Africa, and around the track, has encouraged the colonies to build close to the line, which created the development of local economies and the public about the benefits of infrastructure development of the local population.
A diverse workforce in terms of nationality, ethnicity and languages, the demand for translation services in the country.
However, it was also a strategic move by the Chinese. First, it hurt them in a good light compared to dealing with Africa. The railroad and additional infrastructure is developed by the China Civil Engineering Construction Corporation (CCECC), natural resources law to move efficiently from one place to create a future for the search for efficiency purposes. Developing countries are increasingly importing oil from foreign sources, even more than developed economies, with China as the second largest importer in the world. As with America, China's economy is heavily dependent on oil consumption. The state oil company CNPC in China is the largest investor in foreign direct investment in Sudan, which operates under the name of Petro China and Sinopec. CNPC is present in many different ways under names of membership, giving them the benefits of intra-firm, an overall advantage of the global production and distribution (D, Salvatore, International Economics, pg. 429 ).
They refer to the lines necessary pipeline construction, build and operate refineries, mining logistics and distribution. This vertical integration gives the advantage of China to secure its oil supplies. CNPC also that their financial situation and control over their infrastructure is so well established that restrict competition to enter the market. For local businesses in Sudan, making it very difficult if not impossible to compete with that organization. However, the CNPC statement that they have hired 4,000 employees and more than 7,000 Sudanese local newspaper (www.cnpc.com.cn / eng / cnpcworldwide / Africa / Sudan, 2010). They also provide extensive training in the industry, sending the local populations in Darfur to international colleges and universities to acquire new skills and experience. This is positive for the Sudan in the development of its workforce and increase in disposable income, we hope to raise the standard of living. It's clear to see the link between FDI and professional Translation Services.
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