Presents an overview of China's relationship to the world of international business.
Written in 2007; 1,915 words; 5 sources; APA; $ 61.95
Paper Summary:
This paper explains the demography, culture, economy, political and production factors, which influence China's participation in international business. The writer then explains her belief that, as positive as these indicators seem to be, China is faced with substantial challenges relating to its continued rapid growth. The writer contends that, given the size of the Chinese economy, China's social and economic problems must be resolved because its collapse could cause a worldwide chain reaction.
From the Paper:
"Following a quarter of a century of robust, double-digit economic growth, China is now poised to overtake the United States as the world's largest economy (in purchasing power terms) within two to three decades. When this happens, China will not only be ending a 150 years of US reign, but will also be reclaiming the primacy it first obtained a millennium earlier when it pulled away from western Europe to become the biggest economy on the planet. Today, the Chinese are producing not only garments and toys but also computer components, cars, and aircrafts, and sets its eyes even higher."
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