EGT Consulting

When considering what products will be best suited for what market there are a variety of things to consider such as the nation’s GDP, the ease of access shipping-wise, the level of difficulty in starting a business, and the safety of the market as a whole. First and foremost, the economy in Hong Kong is currently ranked as the best in the world according to The Heritage Foundation in accordance with the Wall Street Journal. With a GDP of $45,736, a growth rate of 7% from last year, and being home to over 1,000 corporate headquarters it is evident that the economy is well suited for sedans as well as corporate limousines. Secondly, since Hong Kong is home to one of the largest ports in the world it is even clearer that it is suited for large automobiles. Third and finally, with one of the least expensive tax systems and easiest methods of entry for new business there is no doubt that Hong Kong is an excellent environment for success in the automobile market.

                                                                                           

Work Cited:

"http://www.heritage.org/index/country/hongkong." The Heritage Foundation. Wall Street Journal, 2012. Web. 6 May 2012. <http://www.heritage.org/index/country/hongkong>.

Hong Kong. Census and Statistics Department of Hong Kong. Statistics . Hong Kong: , 2011. Web. <http://www.censtatd.gov.hk/hong_kong_statistics/statistical_tables/index.jsp?subjectID=5&tableID=133>.

"Chapter 13." Hong Kong Yearbook 2007. (2007): n. page. Web. 6 May. 2012. <http://www.yearbook.gov.hk/2007/en/pdf/E13.pdf>.

"Shanghai container port world's No 2 in first quarter: report ." Channel News Asia. (2007): n. page. Web. 6 May. 2012. <http://www.channelnewsasia.com/stories/afp_asiapacific_business/view/276744/1/.html>.

. "'Rise in turnaround time at ports a worr'y." Business Standard. N.p., 25 Feb 2011. Web. 6 May 2012. <http://www.business-standard.com/india/news/rise-in-turnaround-time-at-portsworry/126969/on>.

Wikipedia contributors. "List of Countries by Tax Rates."Wikipedia, The Free Encyclopedia. Wikipedia, The Free Encyclopedia, 04 May 2012. Web. 6 May 2012. <http://en.wikipedia.org/wiki/List_of_countries_by_tax_rates>.