China as an International Market
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This paper explains that only recently has China begun more trade with other nations and therefore has become somewhat of a competitive power especially to the United States. Next, the author reviews China's advantage that, although it has so much space and so many different types of people, it remains largely unified by government, religion and values, thus giving businesses that move into China or open branches there a unique opportunity for growth and development. The paper concludes that China is stronger than the United States when it comes to the exportation of goods.
From the Paper:"China is very competitive in the international market, but it is only relatively recently in history that China has begun more trade with other nations and therefore has become somewhat of a competitive power. However, since the United States has been involved in international trade for many years longer than China it is largely assumed that the United States is the stronger power. This is broadly true, but China does have some specialized interests in various countries which make it relatively strong when it comes to international trade. Even in the United States there are many items that are made in China and imported. Some of these are made by United States companies that have moved their various operations to China for cheaper labor and less expense. Other items come from Chinese companies or companies in other countries that have also moved much of their labor facilities to China.
"Much of this has to do with the fact that a lot of China is rather oppressed and the wages that are paid over there are often much less that are paid in larger Western countries. This does not mean that China is weak when it comes to trade agreements. China often does not fare as well as some of the larger countries that have been dealing with international trade for a longer period of time."
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Cite this Analytical Essay:
China as an International Market (2011, November 29) Retrieved May 31, 2020, from https://www.academon.com/analytical-essay/china-as-an-international-market-149208/
"China as an International Market" 29 November 2011. Web. 31 May. 2020. <https://www.academon.com/analytical-essay/china-as-an-international-market-149208/>