Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Findings TOPIC HONG KONG SOUTH KOREA Language Cantonese Korean Total Population 7,576,588 (7.58 million) 51,884,834 % Of population in Urban Centers Most of the population

Findings

TOPIC

HONG KONG

SOUTH KOREA

Language

Cantonese

Korean

Total Population

7,576,588 (7.58 million)

51,884,834

% Of population in Urban Centers

Most of the population lived in urban areas.

81.41% of the south Korea population live in urban areas.

Age Distribution

0-14 years (12.81) %

15-64 years (70.05) %

65+ (18.34) % (Wikipedia)

0-14 years (12.02%)

15-64 years (71.24%)

65 + years (16.74%) (Wikipedia)

2.2 Infrastructure

Internet Usage

(Consideration: access to social & mobile application networks)

Total 7.05 million internet users in Hong Kong. From which 6.68 million are social media users. Kepios analysis indicates that in Hong Kong internet users increased by 94 thousand between 2021 and 2022. (Data

Reportal)

There are 47.32m internet users in South Korea out of which 85% of the people are on social media.

(Statista)

Mobile Phone Use

(Potential population that can access mobile games)

5.53 million of the people in

Hong Kong are using mobiles.

93% of the people form total population have smartphones.

Economic Development

Education

93.5% of the population over the age of 15 had attend schooling.

Ranked 18th in Legatum

Prosperity Index 2021

South Korea ranking in Education is at 19th place in whole world.

Income

Disparity

Talking about Hong Kong

Poverty Situation Report 2020 1.65 million people lived below the poverty line, set at half the median monthly household income. That means nearly one in four Hong Kong was poor.

(25 Hong Kong)

In Korea income inequality is increasing. The index which is commonly used to measure income distribution among population has increased from 0.26 to 0.31. The poverty gap index was 39%.

(wikipedia)

Trade

Trade &

Investment

Hong Kong market is badly affected by competition and neighboring countries.

Fid flow in Hong Kong was

$596.1 billion. (Mordor

Intelligence)

South Korea and Canada have most valued exports in 2016.Coal and copper ore together account for

35.6% of the total Canadian exports to south Korea. So, both countries share a good bond in trade and investments. (Liberty Of Parliment)

Business

Challenges for

Importers

  • Sourcing
  • Pricing
  • Quality Control
  • Transport Customs

(walkerworldtrade)

  • Unique Industry Standards
  • Less Transparent

Regulations

  • Resistance to Foreign Business Models
  • Competition
  • Price Pressure (International

Trade Administration)

Source: Wikipedia https://en.wikipedia.org/wiki/Demographics_of_Hong_Kong.

Please answer in the same format as above for Australia and South Korea for exporting from Canadian company Amsterdam Brewery to Australia or South korea.

Findings

TOPIC

Australia

SOUTH KOREA

Language

Total Population

% Of population in Urban Centers

Age Distribution

2.2 Infrastructure

Internet Usage

(Consideration: access to social & mobile application networks)

Mobile Phone Use

(Potential population that can access mobile games)

Economic Development

Education

Income

Disparity

Trade

Trade &

Investment

Business

Challenges for

Importers

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Constitutional Law Cases Materials And Problems

Authors: Russell L. Weaver, Steven I. Friedland, Richard D. Rosen

5th Edition

1543830447, 978-1543830446

More Books

Students also viewed these Law questions

Question

What is caching ( memorization ) ? Describe and give an example

Answered: 1 week ago

Question

2. Develop a good and lasting relationship

Answered: 1 week ago

Question

1. Avoid conflicts in the relationship

Answered: 1 week ago