As China is a major economy in the world, their main competitor which has another major economy is the USA. Globalization helps China to make a better use of foreign investment to promote the increase in their industrial construction. As Labour cost in China is very low respectively, it become very attractive to the foreign investment.
Free essay sample. The economic situation in China can be explored in relation to population, education, income per capita, and gross domestic product. Free essay sample. The economic situation in China can be explored in relation to population, education, income per capita, and gross domestic product.
China had the largest economy in the world for most of the past two thousand years, during which it has seen cycles of prosperity and decline. Since economic reforms began in 1978, China has developed into a highly diversified economy and one of the most consequential players in international trade. Major sectors of competitive strength include.
China is a country with a booming economy, which is actively expanding its business scope, conquering the world markets and often using dishonest methods to attain its goal. The USA is a leader in the world trade and, at the same time, it positions itself the world’s police officer who tries to tame China and force it to play by the rules.
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China's Economy The Sustainability of China's Present Economy The Sustainability of China's Present Economy In the past thirty years the Chinese economy has exhibited phenomenal growth, especially when compared to what the country had seen for the century before that. China has become a model of economic efficiency and stability.