1. CULTURAL
2. ADMINISTRATIVE
2.1. Lack of Colonial Ties
2.1.1. US, India and HongKong - a part of China used to be the colony of the UK in the past
2.2. Lack of shared Regional Trade Bloc
2.2.1. Shared Trade Agreements
2.2.2. Shared Unions/Organizations/Associations
2.3. Political relationship
2.3.1. Political dispute: US and China
2.3.2. Political friendship: US and India
2.4. Political system
2.4.1. 2 dimensions: - Collectivsm/Socialism or Individualism - Democracy or Totalitarianism
2.4.1.1. - US: democracy, individualism - India: democracy, both collectivism and individualism - China: democracy, collectivism
2.4.2. Party situation and its power, impact
2.4.3. Political stability
2.4.4. Transperency (corruption index, etc.)
2.4.5. Political risk: - Discontinuities - Uncertainty - Political forces - Business impact - Macro - Micro - Administration procedures
2.5. Legal system
2.5.1. 3 types: - Common law - Civil law - Theocratic law
2.5.1.1. - US & India: Common law - China: Civil law
2.5.2. Cross-countries business contract-related law: - Condition of the exchange of goods and services - Responsibilities of each party - Laws applied in different dispute situation
2.6. International laws
2.6.1. Property rights
2.6.2. Intelletual property rights
2.6.3. Product safety and liability
2.6.4. Enforcement of national/international laws
3. GEOGRAPHICAL
3.1. Physical distance
3.2. Lack of land borders
3.3. Differences in time zones
3.4. Differences in climates and disease environments
3.5. Topography
3.6. Geographic size
3.7. Man-made attributes
3.7.1. Transportation
3.7.2. Communication infrastruture
4. ECONOMIC
4.1. Rich-poor differences
4.2. Other differences in cost or quality
4.2.1. Natural resources
4.2.2. Financial resources
4.2.3. Human resources
4.2.4. Infrastructure
4.2.5. Information and knowledge