Container Shipping and Chinese Stability - Coursework Example

Download file to see previous pages This industry has made China a rapidly industrialized country. Still, there are several uncovered issues in the container-based shipping industry.
Container shipping operates out the general society’s sight. That’s why this ‘secret’ industry is interesting for modern society. Moreover, the internal complexities of the shipping industry in China and the various EU regulations on sea transport add to the discussion of China’s development in the general and shipping industry, in particular, a certain zest.
The Chinese export and shipping industry in the international arena plays an ever-increasing crucial role. This can be explained by the modern tendencies of globalization and the rapid development of international trade in the world. Nearly 75% of international cargo volume is involved in the shipping industry. China is on the upswing and the shipping industry in this country is a rapidly developing industry. It is a well-known fact that China is steadily moving to position itself as the world’s greatest power (Stopford 2007). Consequently, the development of a potential country-world leader and shipping industry, which is responsible for the major part of trade operations in the international market, makes this research relevant to the field of China’s economy.
Different aspects of China’s development, social peculiarities, the influence of EU regulations on shipping in China makes the context of the study rather complicated. Nevertheless, it is relevant to conduct the research on the basis of available literary sources and empirical data from recent studies.
China is economically fortunate, because of its geographical position and abundant shipping resources. Nearly 40% of Chinese workers live near coastal regions, the GDP in the country increases by 50% and the shipping sector carries out 80% of national import and export. Starting from the 1970s, China’s shipping industry has been steadily developing. ...Download file to see next pagesRead More