The Problem Of Sex Trafficking - 1622 Words

Part Three: A Solution Analysis to End the Demand In order to decrease the demand for sex trafficking, knowledge of the sources that create it and the factors that perpetuate it is critical. Regardless, if this knowledge is not implemented into interventions that heal the damage sex trafficking creates or, better yet, prevents it from occurring in the first place, it is essentially useless. Opinions on how to stop sex trafficking in general are varied, and suggested solutions on how to stop the demand are no exception. One approach that has been discussed is education and public outreach. One thing that was made apparent throughout the semester in this class was that sex trafficking is a little-understood topic, and interest in it is still gathering. As a result, not only is the current information on sex trafficking insufficient, but the general public understands very little about it. Some people are not even aware it exists. This allows the issue to perpetuate because men purchase services from prostitutes under the assumption th ey are willingly choosing that profession. Hollywood glamorizes prostitution through movies such as Pretty Woman, and while most people understand prostitution is not someone s first career choice, the idea that someone could be forced into doing it usually does not cross the mind of customers. In his class presentation, Detective Miraglia stated that when women shared their stories of forced prostitution with potential customers, about half ofShow MoreRelatedThe Problem Of Sex Trafficking1684 Words   |  7 PagesThe Solution to Human Trafficking is Just As Difficult As the Problem Sex Trafficking is a global phenomenon defined most often as the trade in women and children using force, fraud or coercion to cause a commercial sex act. Prostitution, pornography and sexual performance that is committed in exchange for money, drugs, shelter, food or clothes is defined as a commercial sex act. Sex Trafficking has a firm grip as a multi-million dollar production, recently skyrocketing with the modern era of technologyRead MoreThe Problem Of Child Sex Trafficking1199 Words   |  5 PagesChild Sex Trafficking Have you ever walked into Wal-Mart and taken the time to look at the numerous pictures of missing youth that is plastered on the wall? When looking at how long they have been missing, it ranges anywhere from months to years. Looking at their age, both boys and girls, it is hard not to wonder if these kids are being trafficked. Child sex trafficking, also known as human trafficking, is a major issue that is not only plaguing the United States, but the world. ResidingRead MoreThe Problem Of Child Sex Trafficking1746 Words   |  7 PagesChild sex trafficking is an international threat to the happiness of children everywhere. Children are our hope. They are the inspiration for a lot of the humanitarian work in which many people around the world are involved. Threats to the well-being of children are numerous. In addition to many living in less than stable familial environments, children today are continually forced to face the effects of a conflict filled society, regardless of their country of origin. Creating an environment thatRead MoreSex Trafficking Is A Serious Problem1334 Words   |  6 Pagesdark, sex trafficking is a serious problem within our district that often goes unnoticed and ignored. Lurking underneath the mask of common businesses or seemingly normal neighbors, sex trafficking is prevalent not only throughout the world, but in our very own communities. Just months ago in May, Galveston County residents were shocked to hear that four Galveston men were charged with federal charges for their alleged involvement for conspiring to recruit, entice, and harbor minors for sex traffickingRead MoreSex Trafficking Is A Major Problem Essay1755 Words   |  8 PagesSex Trafficking Sex trafficking is a major problem in the world today and the only way to truly combat it is by raising awareness through the media. I say the media because it is the most effective tool to reach out to world’s largest audience. Although one person has the ability to change the world, it is not enough to change the process of sex trafficking. If everyone right now was able to view real, in depth information on sex trafficking, the problem would not go unnoticed. However, the thoughtRead MoreHuman Trafficking Problem: The Sex Slave Industry Essay1681 Words   |  7 Pagesspecies, or so we’d like to think. This leads me to reflect on a rarely mentioned subject, the sex trade proving once again that man sees vulnerability as an advantage; an easy opportunity to make money. Statistics published in the Sex Slaves article, indicate a substantial growth of trafficked victims worldwide. As many as 600,000 to 800,000 people are trafficked across international borders each yea r. The sex trade refers to the illegal selling and buying of human beings who are then either sexuallyRead MoreThe Effects Of Sex Industry On South Africa s Human Trafficking Problem883 Words   |  4 Pages Commoditizing sex is not a novel concept, it has been around for much of our history, and yet there is much more talk of the sex industry in modern society than it has been in the past. Part of the reason for this has been the oversexualization of Hollywood and the belief that fame is a commodity. Even fleeting fame is idolized, and people ignore the means of achieving fame at the prospect of earning those alluring so-called â€Å"fifteen minutes of fame†. The film Hot Girls Wanted exemplifies thisRead MorePersuasive Essay On Sex Trafficking1094 Words   |  5 PagesSex trafficking is becoming more and more of a problem as time moves on. Sex trafficking is the recruitment, harbouring, transportation, provision, or obtaining of a person for the purpose of a commercial sex act, in which the commercial sex act is induced by force, fraud, or coercion [Internet Safety 101]. Sex trafficking is increasing due to the evolution of modern day social services and sources. From safety sources, it is the 2nd fastest growing criminal industry [Internet Safety 101]. More andRead MoreProstitution Prevention And Prevention Act1560 Words   |  7 Pageshe perpetuation of human sex trafficking and the rising numbers of trafficked victims is also linked to Thailand’s weak government. The combination of widespread corruption among government officials and the lack of enforcement of laws concerning the Thai sex industry has lead to the prominence of human sex trafficking. The 1996 Prostitution Prevention and Prevention Act was implemented to punish pimps, procurers, brothel owners and customers, however; this law and many others designed to protectRead MoreSex Trafficking : A Modern Day1360 Words   |  6 Pages In current day and age, sex trafficking is referred to as â€Å"modern-day† slavery, where sex is sold through the use of forcible behavior, and the victim is coerced by those running the deals. According to the Trafficking Victims Protection Act of 2000, the term sex trafficking is defined as, â€Å"the recruitment, harboring, transportation, provision, or obtaining of a person for the purposes of a commercial sex act, in which the commercial sex act is induced by force, fraud, or coercion

Random Drug Testing vs Employees Privacy Rights Essay

A. Court Cases Affecting Privacy of Employees and Drug Testing in the Workplace 1. Supreme Court cases affirming drug testing a. Skinner v. Railway Labor Executives Association 109 S.Ct 1402(1989) b. National Treasury Employees Union v. Von Raab, 109 S.Ct. 1384 (1989) 2. Other lower court and State court rulings a. Kraslawsky v. Upper Deck 56 Cal.App.4th 179, 66 Cal Rptr.2d.297(CA 4, 1997) b. Pettus v. DuPont, 49 Cal.App.4th402, 57 Cal.Rptr.2d 46 (1997) 3. Supreme Court cases dealing with Privacy in general a. Griswold v. Connecticut381 U.S. 479, dealing with individual rights to privacy B. How Do You Define Drugs? 1. Just Illegal Drugs on the Street? 2. Alcohol can be abused to? C. What is Reasonable Suspicion?†¦show more content†¦The act provided that programs had to be legal and be communicated to the employee. Discipline was left up to the employers discretion. If the employee was found guilty of criminal sanctions, the employer must administer some type of employment sanctions towards the individual also. Most of the programs were and are focused on rehabilitation and recycling of the employee back into the work environment. Privacy was extremely important with this act. It was important that the employer only used drug testing for pre-employment and not as an on going harassment of the employees if they were not found to be abusers. A number of legal definitions of privacy really have come about due to the 1890 Harvard Law Review article Right to Privacy, written by Samuel Warren and Louis Brandeis. They felt that it is the right of the individual was to be let alone and that the press or anyone else should not infringe upon his/her privacy. I n conjunction with the Law Review, the case of Griswold v. Connecticut (381 U.S. 479) also addressed privacy. Justice Douglas wrote that the individual should be afforded a zone of privacy around their person, which cannot be violated by government intrusion. It is articles and cases like these that have shaped our current legal system and how they look at the individual privacy issue. Many cases have been decided on these decisions and articles. There have been someShow MoreRelatedSocial Justice Society (Sjs), Petitioner, vs. Dangerous Drugs Board and Philippine Drug Enforcement Agency (Pdea), Respondents. Facts: in Its Petition for Prohibition Under Rule 65, Petitioner Social Justice Society (Sjs)1441 Words   |  6 PagesEN BAEN BANC [G.R. No. 157870, November 03, 2008] SOCIAL JUSTICE SOCIETY (SJS), PETITIONER, VS. DANGEROUS DRUGS BOARD AND PHILIPPINE DRUG ENFORCEMENT AGENCY (PDEA), RESPONDENTS. Facts: In its Petition for Prohibition under Rule 65, petitioner Social Justice Society (SJS), a registered political party, seeks to prohibit the Dangerous Drugs Board (DDB) and the Philippine Drug Enforcement Agency (PDEA) from enforcing paragraphs (c), (d), (f), and (g) of Sec. 36 of RA 9165 on the ground that they areRead MoreDrug Testing the Less Fortunate 1023 Words   |  4 PagesShould drug testing be a necessity for all state and federal aid programs? Drug testing welfare recipients have been a major issue across the United States for a few years now. Many indicate that if working class people are subject to a test prior to hire or randomly during the duration of employment, why should those that don’t have to work for money not have the same treatment? The government estimated that random annual drug testing for welfare recipients would cost each taxpayer an additionalRead MoreEssay about Search and Seizure in the Public Schools1487 Words   |  6 PagesSearch S eizure in the Public Schools To fully understand the role and related responsibilities of search and seizure in the public schools, the Constitutional rights of the students and case law must be examined. The Fourth Amendment of the Constitution states: The right of the people to be secure in their persons, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no Warrants shall issue, but upon probable cause, supported by Oath or affirmationRead MoreCourse Summary: Human Resource Management: Gaining a Competitive Advantage2306 Words   |  10 PagesResource Management Chapters 1,2,4,5,6,16 Chapter 1: Gaining a Competitive Advantage * Competiveness ability to maintain share in industry (related to effectiveness) * Human Resource Management policies, practices, systems that influence employees’ behaviour, attitude and performance analysing and design of work, planning, recruiting, selection, training, compensation, performance management, employee relations * HRM practices should be strategic * HR has 3 product lines administrativeRead MoreMktg 390 Exam 3 Study Guide6891 Words   |  28 PagesMKTG 390, Exam 3 1. Marketers often mislead consumers by misrepresenting marketing research findings in ads and sales presentations. What are six ways in which they do this? (1). Incomplete or misleading reporting of survey or product testing results; (2).Reporting only the percentage of survey respondents answering in a given way (for example, â€Å"55% of those surveyed said....†) but not the absolute numbers or the sample size; (3). Misleading specification of the competitors tested in reportedRead MorePatton-Fuller Rfp Cmgt5544702 Words   |  19 PagesResponse Time Patton-Fuller Hospital is also concerned that the computer equipment that has been installed, and does not respond the instant a command is given. Once again, a hospital is not the place for inadequate networking equipment. Equipment testing should be conducted prior to installation to ensure the equipment responses as quickly as needed. Network Topology A network topology is a structured design that connects computers, printers, routers to a local area network by twisted pair copperRead MoreFundamentals of Hrm263904 Words   |  1056 Pagesin 10/12 ITC Legacy Serif Book by Aptaracorp, Inc. and printed and bound by Courier/Kendallville. The cover was printed by Courier/Kendallville. This book is printed on acid free paper. Copyright  © 2010, 2007, 2005, 2002 John Wiley Sons, Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning or otherwise, except as permitted under Sections 107 or 108Read MoreHuman Resources Management150900 Words   |  604 Pagespositively affecting performance in organizations, both large and small. A joint venture between General Electric and a Japanese company, GE Fanuc is a manufacturer of factory automation and control products. Headquartered in Virginia with 1,500 employees, the HR department primarily performed administrative support activities. But when Donald Borwhat, Jr., took over as Senior Vice President of Human Resources, he and his staff began by restructuring and decentralizing the HR entity so that each functionalRead More_x000C_Introduction to Statistics and Data Analysis355457 Words   |  1422 PagesCompositor: Newgen–India Printer: Courier Corporation/Kendallville  © 2008, 2005 Duxbury, an imprint of Thomson Brooks/Cole, a part of The Thomson Corporation. Thomson, the Star logo, and Brooks/Cole are trademarks used herein under license. ALL RIGHTS RESERVED. No part of this work covered by the copyright hereon may be reproduced or used in any form or by any means—graphic, electronic, or mechanical, including photocopying, recording, taping, Web distribution, information storage and retrievalRead MoreOccupational Stress: Causes and Management11211 Words   |  45 Pagesworkplaces and this has helped to make jobs more fragmented in terms of narrowing duties and tasks thus leaving workers to be more disconnected with the final product. This creates workplace challenges, boredom, and reduces the satisfaction that employees gain from their jobs (Pope et al., 1997). This research project will thus help to add knowledge that is known on the subject as well as to develop strategies to utilize intelligence, decision-making and creativity to red uce occupational stress.

Private Financial Intermediaries and Worlds Central Banks Book Report/Review

Essays on Private Financial Intermediaries and Worlds Central Banks Book Report/Review ï » ¿Private Financial Intermediaries and World's Central Banks Financial intermediaries are charged with the aim of facilitating transfer of risk and also offering solution to the intertemporal cash flow dilemma. Financial intermediaries solve the problem of intertemporal cash flow by matching the client with the surplus and the ones with deficit (CALUNIVERSITY, 2007). Although the financial intermediaries, usually offers advice to their client there is need to solve the problem of moral hazard that arise after does not utilize the funds for the intended invest but venture into a more risky invest. Therefore, the concept of interest in case is risk return trade off of interest in consideration of the most feasible investment. This paper will discuss the concept of risk return trade off paying special consideration to the application of concepts. In this case an individual will measure the risk of investment by calculating the variation in the returns of the investment. In this case the individual uses the standard deviation. The returns of the assets in this case are the expected returns. An individual faced with an asset offering the same returns but asset A has high risk rate than asset B. The individual will choose asset B, if the asset faced the same risks but A had higher return than B, the investor would choose asset B. Investors in the business world usually use the level of risk associated with certain project and the returns of such project in determining the most feasible project to invest in. In investing an investor is certain of a return that the market is offering, this referred to as the risk free return, and in addition to these the project has uncertain future returns. It also asserted that under this concept an individual usually holds risk free asset and the risky asset. In order to arrive at the optimal portfolio an individual select the portfolio that lies along the efficient frontier. Chapter 2: The World’s Central Banks and Regulatory Authorities Every country has a regulatory body to regulate its financial markets, in most countries the body assigned this role is the central bank (public financial institutions). Central bank has many policies and tools which they use to stabilize the economy of the concerned state. In the book finance and private financial intermediaries, the author discusses in deep several central banks and their regulatory roles, of interest in this case is one of the tools used by the central bank, the monetary policy (CALUNIVERSITY, 2007). Monetary policy tools are used so to stabilize economies from macroeconomics phenomenon such as inflation, currency depreciation and under investment. Some of the monetary policy tools that have been utilized by these banks include the open market operation. In this case the government buys and sells security, for example in times of inflation the central bank sell securities to the members of the public so as to mop the excess money in circulation the vice versa happens in times deflation. The second tool is where the central banks raise or lowers reserve requirement this action will be to reduce increase the money in possession of the commercial banks. The central bank can also increase or decrease the lending rate to the commercial banks and this has a positive momentum with the lending rate the commercial banks extend credits to their customers (Walsh, 2003). In conclusion the monetary policy tools are vital as the central banks of most part of the world the tools as measure to stabilize the economy to a sustainable level this can be show cased by way the monetary policy has helped in resolving major financial crisis such as the Asian financial crisis. Works Cited CALUNIVERSITY. (2007). FIN 540 Capital Markets. California: California InterContinental University. Walsh, C. (2003). Monetary theory and policy. Massachusetts: MIT Press.

Comparative Study of The Markets of China and Europe

Question: Discuss about the Comparative Study of The Markets of China and Europe. Answer: Introduction R.M. Williams company was founded by Reginald Murray in the year 1932. The company was started in his fathers factory with very low capital investment. Gradually, the business of RM grew and diversified into bush saddler and equipment. The company today has over 50 retail stores in Australia along with one of its stores in London (R.M. Williams, 2017). The company exports to more than 15 countries and has over 900 stockists around the world (R.M. Williams, 2017). The core product of R.M. Williams is handcrafted riding boots and over the period of time the company has introduced t-shirts, caps, leather wallets and polo shirts. The company now designs and produces products for both men and women that include shirts, t-shirts, boots, boots care accessories, skirts, jeans, jackets, bags, wallets, buckles and customized shoes. The company has mastered premium Australian craftsmanship over the span of 80 years. The company produces boots that are beautiful, durable and appropriate for the needs of the customers. In 2013, LVMH purchased 49.9% of companys stake and the company is now owned by global Luxury brand Louis Vuitton Moet Hennessy (Carruthers, 2016). After a huge investment of 50 million dollars, it has become necessary to analyze the market potential to assess the market demands. The paper would thus, make an attempt to carry out a comparative study for the market of China and Europe and find out which market has more potential for the brand. An external environmental analysis would be carried out using PESTEL analysis. Comparative Environment Analysis Economic and Financial Environments China has become the worlds second largest economy after the adoption of economic reforms in 1978 (Focus Economics, 2017). The country became a manufacturing hub and attracted the countries of the world to outsource their work to China because of its low product prices. It was due to this fact that the country was able to survive the global recession of 2008. Further, the corporate tax in China is only 15% for large scale companies, that is very small as compared to western countries (Worldwide Tax, 2014). China witnessed inflation due to which the prices of transport and communication and clothing rose by 2% and 1.3% that would be a challenge for the company as the manufacturing cost of products would increase (Trading Economics, 2017). Further, the company would benefit from the low labor cost of China and abundance of skilled labor in the country. Thus, the company would benefit from growing economy, low labor cost and abundance of labor in the country. China has begun to embrace FDI by reducing the trade barriers for the foreign companies and the country has witnessed growth of 6% in its inward flow of FDI (Export.gov, 2016). The country has been able to attract foreign companies because of its growing and sustainable economy. The five largest banks of China are Industrial and Commercial bank of China, Bank of China, China construction Bank, Bank of Communications and Agricultural Bank of China (CNBC, 2013). The bank lending rose from 32 trillion yuan to 67 trillion yuan from 2012 to 2008 (CNBC, 2013). This shows that the market of China has great liquidity that would facilitate with the means of finances for the company to set up its operations within the country. Though the company is likely to face challenges due to countrys restricted policies for FDI. It would have to submit Letters of Guarantee along with acceptable collaterals. The economy of Europe has been expected to grow at a consistent pace for 2017 and 2018. Euro zone has witnessed a rise in GDP for the last 15 consecutive quarters which was supported by private consumption. It has been projected to grow by 1.6% and 1.8% in 2017 and 2018 respectively (European Commission, 2017a). The exports market has been estimated to grow for the following two years after a weak 2016. Further, inflation has also been expected to increase by 1.7% and 1.4% in 2017 and 2018 respectively (European Commission, 2017a). On the other hand, BREXIT is also most likely to have a negative impact on the economy of Europe. Europe would lose one of its most contributing members through BREXIT that could lead to downfall of the economy (Blenkilsop, 2016). R.M. Williams may take advantage of the growing economy and increasing inflation but need to stay alert to shield itself from the impact of BREXIT and rising cost of goods and services. The financial sector of Europe has been greatly affected by the 2008 global crisis. Low oil and commodity prices, negative interest rates and lower credit and equity markets have affected the profitability of banks, though liquidity of banks remain unaffected (Goffinet, 2016). Political and Legal Environments The Republic of China has communist party system with a stable political system (BBC News, 2017). The government of China strongly supports trade and investment opportunities for foreign companies. The country has gone through many structural changes that include equity joint ventures, reorientation of FDI and growing service sector (Davies, 2013). With the spread of global financial and economic crisis, the country has strongly reinforced FDI. This could be an advantage for LVMH to introduce R.M. Williams product in the market of China and it would be strongly supported by the government. China has strict laws and regulations for foreign companies that restrict their market growth in the country. Though the country has removed some of its restriction and has been making efforts to promote FDI in the country. Earlier, almost three fourth of the industries were required to enter into a joint venture with a Chinese company and one fourth industries were subjected to the clause that Chinese firm should hold the majority of the stake (Cheung and Jin, 2014). This policy has been eased down in the country and numerous industries including garments and shoes industries have now been opened for FDI. In spite of Chinas opening arms for FDI, challenges lie ahead for the foreign companies. The policies of China are more directed towards state owned firms due to which foreign investors face consistent challenges to promote their products and services (Wu, 2016). The company has strict laws that limit foreign investment after a certain limit. They face the challenges due to discriminatory laws, corruption and non-transparent anti-monopoly enforcement (Export.gov, 2016). Thus, the company would have to face legal challenges in China in order to establish and grow its market because of countrys discriminatory policies for foreign and state owned firms. The company would have to make sure that the trademark and patents are not owned by a Chinese company otherwise, it would have to face IPR infringement as faced by Hugo Boss (ICBC, 2017). Europe has gone through series of political instabilities after the economy of Greece fell apart. The impact was severe on the entire European zone as efforts were contributed by the major countries including Germany and France. The impact seems to be rising again with Syriza party in Greece and anti-euro parties in France, Spain and Greece (Spiegel, 2015). The situation of the zone seems to have become worse with the BREXIT deal that has created chaos in the entire Europe (Blenkilsop, 2016). This is likely to pour challenges in the establishment of the brand in the market in the form of changes in policy structure and international trade barriers. Since R.M. Williams has now been overtaken by LVMH, which is a France based company, therefore, it would not have to face the trade barriers of European zone. Instead, the company would enjoy all the rights as that of a home company. Cultural Environments China has the highest population in the world and thus, is an emerging market in the world. The companies have been chasing after the market of China to expand their market and grow their sales revenue by capturing the Chinese market. This change is because of enhanced standard of living of Chinese people. China has witnessed the highest growth rate in terms increasing standard of living of the people (Ross, 2013). Further, shoes market is also growing in China and the people are attracted towards global brands. The shoe market is witnessing a steady every year (Yau, 2016). Further, the fashion industry is also growing in the market of China and country is considered as potential target with 1.4 billion population (Consulate General Shanghai, 2014). The country has become one of the primary lifestyle shopping market with its increasing standard of living and demand for global products (Young, 2015). The Chinese perceive global brands as their aspiration product. Thus, China has huge potential for the brand with its growing population and increasing trend among the consumers. Europe has diversified population from all parts of the world that varies in their culture and traditions. The zone has very high standards of living and the people are very conscious about the brand they wear. The people of France, Germany, Italy and Switzerland have a passion for premium luxurious brands. Garment and shoe market had a turnover of 166 million euros in 2013 (European Commission, 2017b). Further, the demand for luxurious shoes and garments has been constantly increasing due to high standards of living. Thus, in terms of socio-cultural factors, the market has great potential for R.M. Williams. Strategic Recommendations The growing economy and low cost labor of China would facilitate smooth operations in the country, but strict government policies for credit facility for the foreign companies would pose challenges for the brand. Further, inflation rate would also surge the cost of manufacturing products in China. On the other hand, Europes stable and growing economy would facilitate growth but the BREXIT deal would have a negative impact. Finance would be comparatively easier in Europe but profitability of banks is in danger. Thus, economic and financial environmental conditions of Europe offer greater opportunity as compared to that of China. The company is likely to face challenges due to discriminatory policies and lack of transparency in China. Further, government policies are more state owned firms oriented due to which the company would have to face great number of challenges in China. On the other hand, the company would not have to face any legal challenge in Europe because LVMH, France based company, has acquired R.M. Williams, that makes R.M. Williams a domestic company. China and Europe both are politically stable, except that Europe faces the threat of BREXIT and Greece is also politically unstable after the breakdown of its economy. China has great market for western brands because of changing consumer lifestyle, yet the majority of the people cannot afford premium brands. On the other hand, Europes countries are among the countries with high purchasing power and standard of living. An average European is inclined to buy luxurious products that are perceived very expensive by Chinese people. Thus, the above analysis states that market of Europe is better in terms of economy, financial borrowing and liquidity, flexibility of legal policies and standard of living of people. Thus, Europe is the recommended market and has more potential as compared to China. Conclusion The analysis and discussion thus, reveals that Europe has more market potential as compared to market of China. China in spite of being the fastest growing economy of the world does not provide the suitable legal and political environment for the company to establish and grow its market. Chinas discriminatory policies and lack of transparency do not support the growth of foreign companies and its policy structure is more directed towards state owned firms that hinders the operational activities of foreign companies. The foreign companies face intellectual infringement challenges and the ruling goes in the favor of Chinese domestic companies. On the other hand, LVMH being a France based company would benefit in terms of financial and legal aspects in the European Zone. Further, there is a large market of garment and shoes in Europe that would facilitate the establishment of the company. References BBC News. (2017). China country profile. BBC News. Available at: https://www.bbc.com/news/world-asia-pacific-13017877 [Accessed Online 13 April 2017]. Blenkilsop, P. (2016). From trade to migration - how Brexit may hit the EU economy. Reuters. Available at: https://uk.reuters.com/article/uk-britain-eu-economy-europe-idUKKCN0ZA0KE [Accessed Online 14 April 2017]. Carruthers, F. (2016). R.M. Williams sets out to sell its Australian story to the world. Financial Review. Available at: https://www.afr.com/brand/afr-magazine/rm-williams-sets-out-to-sell-its-australian-story-to-the-world-20160214-gmu1ih#ixzz4e7nCDitu[Accessed Online 13 April 2017]. Cheung, F., and Jin, J. (2014). China Expected to Lift Restrictions on Foreign Direct Investment through New Guidance. Deacons. Available at: https://www.deacons.com.hk/news-and-insights/publications/china-expected-to-lift-restrictions-on-foreign-direct-investment-through-new-guidance.html [Accessed Online 14 April 2017]. CNBC. (2013). China Big 5 Banks' 2012 Profit Seen Up 12% at $121 Billion. CNBC. Available at: https://www.cnbc.com/id/100575545 [Accessed Online 14 April 2017]. Consulate General Shanghai. (2014). CHINAS FASHION INDUSTRY. Consulate General Shanghai. Available at: https://china.nlambassade.org/binaries/content/assets/postenweb/c/china/zaken-doen-in-china/sectoren/creatieve-industrie/china-fashion-industry-kansenrapport.pdf [Accessed Online 13 April 2017]. Davies, K. (2013). China Investment Policy: An Update. OECD Publishing. Available at: https://www.oecd.org/china/WP-2013_1.pdf [Accessed Online 13 April 2017]. European Commission. (2017a). Winter 2017 Economic Forecast. European Commission. Available at: https://ec.europa.eu/info/business-economy-euro/economic-performance-and-forecasts/economic-forecasts/winter-2017-economic-forecast_en [Accessed Online 14 April 2017] European Commission. (2017b). Textiles and clothing in the EU. European Commission. Available at: https://ec.europa.eu/growth/sectors/fashion/textiles-clothing/eu_en [Accessed Online 14 April 2017]. Export.gov. (2016). China - Openness to and Restriction on Foreign Investment. Export.gov. Available at: https://www.export.gov/article?id=China-Openness-to-and-Restriction-on-Foreign-Investment [Accessed Online 14 April 2017]. Focus Economics. (2017). China Economic Outlook. Focus Economics. Available at: https://www.focus-economics.com/countries/china [Accessed Online 13 April 2017]. Goffinet, Y. (2016). European Banks: A Problem Of ProfitabilityBut Not Of Liquidity Or Solvency. Perspectives. Available at: https://perspectives.pictet.com/2016/02/12/european-banks-a-problem-of-profitability-but-not-of-liquidity-or-solvency/ [Accessed Online 14 April 2017]. ICBC. (2017). Import T/T Credit Facility. ICBC. Available at: https://www.icbc.com.cn/ICBC/Global%20Service/International%20Financing/Overseas%20Loan%20under%20Domestic%20Guarantee/ [Accessed Online 14 April 2017]. R.M. Williams. (2017). A Lifes Work. R.M. Williams. Available at: https://www.rmwilliams.com.au/r.m.w.-the-company/Footer_company information.html?lang=en_AU [Accessed Online 13 April 2017]. Ross, J. (2013). China has the world's fastest growth in living standards. China.org. Available at: https://www.china.org.cn/opinion/2013-10/24/content_30391004.htm [Accessed Online 13 April 2017]. Spiegel, P. (2015). European politics emerges as one of the top global risk factors. Financial Times. Available at: https://www.ft.com/content/285b6780-847f-11e4-bae9-00144feabdc0 [Accessed Online 13 April 2017]. Trading Economics. China Inflation. (2017). Trading Economics. Available at: https://www.tradingeconomics.com/china/inflation-cpi [Accessed Online 13 April 2017]. Worldwide Tax. (2014). China Tax Rates. Worldwide Tax. Available at: https://www.worldwide-tax.com/china/china_tax.asp [Accessed Online 13 April 2017]. Wu, W. (2016). Is China making life difficult for foreign companies?. South China Morning Post. Available at: https://www.scmp.com/news/china/diplomacy-defence/article/1940397/china-making-life-difficult-foreign-companies [Accessed Online 14 April 2017]. Yau, P. (2016). Chinas Footwear Market. HKTD Research. Available at: https://china-trade-research.hktdc.com/business-news/article/China-Consumer-Market/China-s-Footwear-Market/ccm/en/1/1X000000/1X002MPH.htm [Accessed Online 13 April 2017]. Young, S.B. (2015). Selling Shoes to China: An Opportunity for Global FootwearBrands. Foot Wear News. Available at: https://footwearnews.com/2015/business/retail/china-prime-sales-target-19323/ [Accessed Online 13 April 2017].