Homecoming of Chinese Students - Dissertation Example

 increased globalization international trade across countries have increased increasing business opportunities and investments and contracting boundaries between nations across the world. However, it has also resulted in stiff competition among the business organizations and hence created barriers for the entrance of new potential business firms. Despite these drawbacks, globalization has brought about huge improvements in the sector of information, technology, and communication and with the advancements in Internet connections people are being able to gather information on any field and for any country of the world.

Thus with increased globalization, the Chinese students are also being increasingly aware of the educational and employment opportunities in the developed countries of the world mainly the European and American countries.China remains a leading civilization outstanding the other countries in arts, science, culture, etc for recent years. The single party-controlled political state experienced a market-oriented approach to development after 1978 and since then output and the pace of the country’s development quadrupled.

The living standards of many families experienced a drastic improvement as the country is increasing its reach and participation in international organizations. The phenomenal economic growth of the country and its increasing contribution to the world’s aggregate trade is making it famous in the international community. In the year, 2010 China has been the largest exporter in world trade. The double-digit growth rate of the economy in the last 10 years has made it the second-largest in terms of the Gross Domestic Product of the country just after the United States of America.

The country went ahead of Japan in the year 2001 with its economic development. The economic downturn of 2009 for the first time reduced the demand for the country’s exports in many years but the country again hold back the economy rebounding quickly with a GDP growth rate of 10% in 2010 exceeding all countries (The world factbook, 2010).