Luxury Vehicles Are Exported To China Research Paper

Luxury Vehicles Are Exported To China - Research Paper Example This controversial business opportunity has been caused by the fact that the same luxury cars are sold at very different prices in China where customers in china can only get the same cars with almost three times the prices in USA. For instance, as Grossman (para 1) says, a BMW X5xDrvive35i is sold by BMW at an average of $56,025 in USA and the same car sells at $153,176 in China. These big differences in price between the two countries mean that individuals and even companies in the USA can buy a car and ship it to China, sell it at slightly lower price than the amount BMW is selling it in China and make a huge profit of over a hundred percent of what it costs them to buy and ship the car to China. The government has cramped down on this business, in most cases freezing the bank accounts of the people associated with these business. The fact that the buyers involved in this business are not breaking any laws but only taking advantage of a market loophole means that there is nothing that is not legal in what they are doing. Cramping on them and freezing their bank accounts is something that is against the constitution of the United States that gives every citizen maximum liberty. There are firms which have been set up to buy cars from the US Auto dealers and then shipping them from the US to China. To avoid suspicion, the companies train people to be buying the cars for them and them handing over the car to them. An individual is hired and recruited on how to buy the cars from the dealers. As Goldstein (para 28) reports, these recruits are trained so that they can buy the cars on behalf of these firms without raising suspicion. The buyers then walk into a dealership and buy the car they have been instructed to buy, go home with it and stay with it for some time. The person gets paid a few hundred dollars and the company takes the car from them so that they can ship it to the target market. These buyers who act as agents of these

DISCUSS AND ANALYSE THE IMPLICATIONS OF AIRPORT EXPANSIONS IN THE UK Essay

DISCUSS AND ANALYSE THE IMPLICATIONS OF AIRPORT EXPANSIONS IN THE UK USING RELEVANT EXAMPLES - Essay Example Business people want to meet their clients, suppliers and workers for their growth and others want to go abroad for holidays and to meet their extended social network. This industry also plays an important role in the support services such as manufacturing, logistics and transport of services. (BAA, 2007) The aviation centres in other countries including the European Union have been expanding their airports and hubs to cater to the growing demands of people and businesses. Schipol Airport in Amsterdam, Paris Charles de Gaulle in France, and Frankfurt in Germany has extended and have five, four and four runways respectively. At the same time, the Chinese have planned to invest $17.5 billion to expand its aviation industry to cater to the ever increasing demand and traverses between borders. (BAA, 2007) In 2003, the UK government published a White Paper that proposed the future plans to expand the airport infrastructure across the country by 2030. The paper takes into account the future demand and capability for charter, business, scheduled and freight air travel as well as the core environmental and social impact on the society. The paper prioritized the efficient usage of the existing runways. It also acknowledged the development of two new runways in the southeast region; one at Stansted by 2012 and the other at Heathrow by 2020. The Heathrow expansion plan will also include a new terminal. At the same time, the plan preserved lands at Gatwick, Glasgow and Edinburg for the future immediate expansion of the runways on the need basis. (Craig, 2003) In the north, the white paper proposed to add a new terminal to the Manchester Airport to cope with the increasing passengers and businesses. It anticipates that the expansion could a satellite addition to the existing terminal or a new terminal from ground zero outside the current boundaries of the Manchester airport.