Articles in this Volume

Research Article Open Access
A Study of Singapore's Tea Trade with China
China is one of the largest exporters of tea, while Singapore is one of the largest importers of tea. In recent years, China has undertaken significant initiatives to open up to the global market, including signing a free trade agreement with Singapore in 2008. Apart from this, Singaporeans have a unique demand for tea. In Singapore, a national performing art known as "long tea" is highly popular, and both the young and old enjoy drinking tea while discussing business or relaxing. This thesis focuses on the current status of the tea trade between China and Singapore, providing an overview of China's tea industry, Singapore's tea market, and practices for promoting tea trade. The purpose of this thesis research is to give readers a deeper understanding of the tea trade patterns between China and Singapore, as well as to contribute to the enhancement of tea trade between the two countries. This thesis reviews the literature on the data of tea trade between China and New Zealand over the years, analyses it and presents the findings through a literature analysis method. This thesis finds that trade can be promoted through some methods, such as innovative tea products, the promotion of Chinese tea culture, and the appropriate reduction of the export price of tea.
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Comparative Analysis of the Real Estate Markets in China and Japan - Including an Examination of Influencing Factors
China's and Japan's economic development has undergone decades-long periods of rapid growth at different times, with the real estate industry consistently representing a significant portion of GDP. After Japan experienced a real estate bubble in the 1990s and then the bubble burst, the economy has been recovering slowly or even stagnant. China is currently experiencing a real estate economic bubble. This article will use comparative analysis to compare the real estate markets of China and Japan from the perspectives of politics, economy, society, and culture, and deeply analyze the impact of these factors on the real estate economy. After in-depth research, it finds that the different policies and economic environments, and the cultural values of residents will have a certain impact on the fluctuations of the real estate market. To prevent the problem of the bursting of China's real estate economic bubble, China should continue to reduce the debt ratio of real estate companies, draw lessons from Japan's experience, strengthen regulatory power, solve regional differences, tailor policies and systems to national conditions, and mitigate the risks that the real estate market will face.
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The Short-Term and Long-Term Economic Impacts of the Brexit Referendum: A DID and VAR Analysis Using Financial Market Variables to Examine the UK Local Economy
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Brexit has profoundly impacted not only international economies but also the local economy of the UK. This study builds upon previous research on the effects of the Brexit referendum, while avoiding the formal Brexit period that overlapped with the COVID-19 pandemic, to examine the short-term and long-term impacts of the Brexit referendum on the UK's local economy. The study innovatively employs the Difference-in-Differences (DID) model, which has not been previously used in this context, to assess the impact of the Brexit referendum on stocks significantly affected by Brexit compared to those less affected. Additionally, the study utilizes the Vector Autoregression (VAR) model and Impulse Response Functions (IRF) to analyze how Brexit-related shocks, specifically abnormal stock market returns, impact key economic variables: the ten-year UK government bond yield and the GBP/USD exchange rate. The findings confirm that Brexit-related news has immediate and lasting effects on market volatility, with significant short-term impacts on the UK's local economy, while the long-term effects are relatively mild.
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Research on "land finance" in China
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The topic of this paper is to study the land finance under the socialist system with Chinese characteristics. In addition, this paper simply explores China's unique land system environment and China's economic development environment. Through research, it is found that "land finance" not only promotes the development of China's industrialization and urbanization, but also exposes some problems existing in the process of economic downturn, such as heavy debt of local governments, waste of resources and so on. By studying land finance with Chinese characteristics, this paper facilitates readers to further understand the operation mechanism of land finance and its specific impact on the social economy, and at the same time provides an improvement basis for the Chinese government to guide the healthy development of land finance, avoid potential risks, and improve the downward situation of China's real estate industry, to further promote the sustainable development of cities and healthy economic development.
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Market Status and Marketing Strategy of the Canva App in China
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This study examines the marketing strategy of the Canva app in the Chinese market, with a special focus on its localized cultural adaptation and market segmentation and positioning. This thesis focuses on how Canva has established and maintained its competitive advantage in the Chinese market through its unique marketing strategies, including market segmentation, targeting and product localization. The study also analyzes the specific measures taken by Canva in facing local Chinese competitors and examines the effectiveness of these strategies. The research found that Canva has achieved a significant market position in China's online design platform market through its user-friendly interface, reasonable pricing strategy, and powerful collaboration features. Meanwhile, Canva's localization adjustments, such as templates adapted to the needs of China's social software and its strategic partnership with Visual China, have further strengthened its market competitiveness. However, Canva still faces challenges in attracting professional users who need highly customized design tools. This study not only provides a case study for academics on the operation of international brands in the Chinese market, enriching the research literature on globalization and cross-cultural management, but also provides valuable references for business practices, especially in terms of technological innovations and global adaptation of service models. Through an in-depth analysis of Canva, the study provides new perspectives for understanding how technology products meet local needs in different market environments.
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Reexamining ESG from a Genealogical Perspective: The Similar Logic of Sustainability Across Different Periods
As a current research hotspot, ESG (Environmental, Social, and Governance) has been widely applied in fields such as investment and management. However, defining its connotation and exploring sustainability on a social level remain under-researched, leading to numerous issues and controversies. This paper analyzes the social sustainability of ESG from three aspects to redefine ESG, enabling it to serve practical needs more effectively. The first section outlines the prevailing concepts of ESG, reviews its development trajectory, and redefines its connotations. The second section revisits the evolution of workers' welfare in Britain from the Industrial Revolution to the present, focusing on the intrinsic logic of sustainability to explore the historical roots of ESG’s sustainability. The third section provides a brief analysis of the historical inevitability of ESG within the context of modern development trends. This paper aims to contribute to future ESG research.
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Chinese Internet Abstraction Culture and the Impact of Economy
This paper explores the phenomenon of Internet abstraction culture that has emerged in the context of China's rapidly developing digital technologies and platforms. This cultural movement has not only reshaped consumer behavior, but also profoundly affected the market structure, affecting multiple fields such as content creation, advertising promotion, and tourism. Drawing on the theoretical frameworks of scholars such as Manuel Castells, Yochai Benkler, Henry Jenkins, and Geert Lovink, and combining it with a detailed analysis of China's Internet development history, this paper analyzes the formation process and evolution trajectory of Internet abstract culture in China, as well as its profound impact on the economy and society. In addition, this paper highlights the key role of digital platforms such as Douyin, Kuaishou, and Bilibili in promoting Internet abstraction culture and giving birth to new economic models. At the same time, this paper explores the challenges and opportunities brought about by this cultural phenomenon, and provides valuable suggestions for future research and policy making, aiming to more effectively respond to the cultural and economic transformation driven by Internet abstraction culture.
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Climate Finance and Green Investments
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This essay aims to discuss the importance of climate change regarding its impact on humanity and nature. It dives deep into several aspects and levels of global warming, seeking to dig through the problems and come up with viable solutions to each. It also uncovers projects, business investments and financing opportunities relating to the green-house effect, providing business and individuals with ideas and chances to seek advantage within these fields. Furthermore, this paper explores the relationship between financial mechanisms and environmental sustainability, how targeted funding can trigger the transition to a low-carbon economy. By analyzing the roles of public and private sectors, the paper highlights the importance of innovative financial instruments, like green bonds and climate funds. The essay concludes by reinstating the important role of climate finance in achieving international climate commitments and fostering sustainable economies as well as human capitals.
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Research on the Impact of Aging on China's Macro-Economy
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Since the beginning of the 21st century, China's aging problem has become serious. The proportion of the population over 65 years old in the total population is increasing year by year. The social age structure has changed greatly; on the other hand, China's economic growth rate, after an average of more than 10% in 2000-11, has also gradually slowed down from rapid growth to high-quality growth. This paper analyzes relevant literature, searches for relevant data, speculates on its relevant correlation, and uses qualitative research and other research methods to explore the impact of the accelerated aging rate on my country's macroeconomics from the perspectives of the labor market, savings and investment, and consumer demand. Aging problem to China's economy brings the labor scale, labor quality decline, savings rate, the government fiscal deficit challenges, but also brought the development of the pension industry, the second industry labor capital technology to the third industry transfer opportunities, this paper on the existing challenges and opportunities in the future and the use policy to improve fertility, legislation to improve the rights and interests of women and children, accelerate the development of network and electronic infrastructure construction, mining the elderly consumption potential and labor contribution, etc.
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A Study of the Impact of Supply Chain Management on Improving Corporate Competitiveness: The Case of Bosch
In an open economy, market competition is not merely an enterprise-to-enterprise phenomenon; rather, it is increasingly evident as supply chain-to-supply chain competition. In light of the accelerated globalization and regional economic integration, it is becoming increasingly evident that a single enterprise is no longer capable of maintaining a monopoly in the market. As a result, it is a dynamic reflection of the comprehensive competitiveness of the entire supply chain. In this context, this paper presents a comprehensive examination of the significant impact and function of supply chain management on enterprise operations and management. To this end, it employs the case of Bosch to provide an empirical analysis of the optimization measures of enterprise operation and management under supply chain management. A combined approach of enterprise and supply chain management is adopted to unify qualitative analysis and quantitative research. In addition, a logical approach has been employed to analyse the issues and design potential solutions, as well as to examine the optimisation of enterprise operations and management within the context of supply chain management, involving a systematic process of analysis, comparison and referencing.
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