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Financials
Short Answer Questions
Long Answer Questions
Misc Vocabulary
Chinese Companies
100

Revenue minus costs

What is profit?

100

Why might a country establish a Special Economic Zone (SEZ)?

  • Attract foreign investment through favorable economic policies
  • Create jobs and boost local economies
  • Encourage export-oriented growth by providing tax incentives
100

This may lead to increased borrowing, depreciation of currency, and over-reliance on foreign goods.

What is a trade deficit?

100

•How much a company improves over time (e.g., % increase in sales or profit)

What is Growth?

100

One of the first Chinese companies to focus on sportswear, competing with global giants like Nike and Adidas.

What is Li-Ning?

200

Total money earned from selling goods and services

What is revenue?

200

How does a tariff affect the price of imported goods?


  • tariffs increase the cost of imported goods
  • this often leads to higher prices for consumers
  • domestic products may become more competitive due to increased import costs
200

This type of policy may lead to higher consumer prices, as imported products become more expensive.

What is protectionism?

200

A place where ships can load or unload goods.

What is a port?

200

A gaming giant, this company is the world’s largest gaming company. It owns popular titles like Honor of Kings, PUBG Mobile, and has stakes in companies like Riot Games (League of Legends) and Epic Games (Fortnite).

What is Tencent?

300

Comparing one company's numbers or practices to another's 

What is benchmarking?

300

In what ways can Foreign Direct Investment (FDI) benefit a host country?

  • Brings capital investment into the host country.
  • Creates jobs and enhances skill development.
  • Facilitates technology transfer and innovation.
300

This may lead to an economic slowdown, disruption of global supply chains, and market volatility. 

What is a trade war?

300

An international organization that promotes free trade and settles disputes between countries.

What is the World Trade Organization (WTO)?

300

The world’s largest commercial property developer, owning and operating shopping malls and entertainment complexes across China.

What is the Wanda Group?

400

Identifying strengths, weaknesses, opportunities, and threats

What is SWOT analysis?

400

Explain why some governments provide subsidies to certain industries.

  • Support industries vital for national security or economic stability.
  • Encourage growth in emerging sectors like renewable energy.
  • Help domestic companies compete internationally by lowering production costs.
400

This may lead to strained diplomatic relations between countries, affecting broader geopolitical dynamics.

What is a trade war?

400

A widely accepted currency that countries and businesses around the world use to trade, save, and pay off debts. The U.S. dollar (USD) is the most common example today.

What is a global reserve currency?

400

These are the three large state-owned Chinese telecom companies.

What are 

  1. China Mobile (中国移动)?

  2. China Telecom (中国电信)?

  3. China Unicom (中国联通)?

500

The advantages a business has over its rivals, allowing it to attract more customers, increase profits, or grow its market share.

What is competitive strength?

500

Discuss how having a Global Reserve Currency benefits the issuing country.

  • Reduces exchange rate risk for international transactions.
  • Enhances global economic influence and stability.
  • Provides lower borrowing costs due to high demand for currency-denominated assets.
500

This may affect the balance of payments, which can influence economic policies and international relations. 

What is a trade deficit?

500

A place where ships can load or unload goods.

What is an embargo?

500

This global shipping leader operates one of the largest fleets in the world, with over 1,300 vessels transporting goods across the globe.

What is COSCO (China Ocean Shipping Company)?