China's Economics

Paper Summary:

This paper looks at the problems that potentially might derail China on its steady path towards world economic preeminence. To begin with, the paper notes the relative inefficiency of Chinese industry vis-a-vis its western European and especially North American counterparts. The paper suggests that while China has begun to make in roads in this area, the country will benefit greatly from continued adoption of western business structures and organizational concepts.

From the Paper:

"China's place in the international economy: The future is brilliant, but there are still clouds on the horizon In recent years, China has emerged as an increasingly dominant world trading power. With its massive population and a burning cultural imperative to be the best, it seems only a matter of time until China moves past Europe and muscles its way alongside North America as the most powerful trading region in the world. Despite its recent success, though, the future is not completely worry-free for the Chinese. Specifically, the country faces a number of economic challenges that may endanger its prospects for the future."

More papers on China's Economics:

• Essay # 5463 : "U.S. China Economic Relations"
• Analytical Essay # 144694 : "China as a Military Threat to the United States"
• Research Paper # 112414 : "China as a Technological Superpower"
• Research Paper # 88784 : "China-Economic Policy"

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