Solution for QID #113076: Findings TOPIC HONG KON | StudyHelpMe

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 our 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