Global Trends Impact in China - Essay Example

Comments (0) Cite this document
Summary
The result has been the largest fall in absolute poverty in human history, and the emergence of a new “economic superpower”” (Robertson,…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER92.9% of users find it useful
Global Trends Impact in China
Read TextPreview

Extract of sample
"Global Trends Impact in China"

Download file to see previous pages Even though, the immense popularity gained by the ‘China Bashing’ in the global media, there is very little existing analytical work on the overall economic impact of China.
The size of China is a key issue which is very debatable. The economic size is an ambitious thing to quantify. “It is well known that market exchange rates do not properly weight differences in living costs, may fluctuate by large amounts, and may be subject to manipulation by governments” (Robertson, 2) The GDP of China according to the exchange rates is half the size of the United States. Therefore, if looking closely, China has awfully large range of 50% to 125% of the GDP of the United States. “China is projected to be the largest economic power with almost a fifth of world gross domestic product (GDP), and India will continue to rise. The two Asian giants will have by far the biggest middle classes in the world (23 and 18 per cent of global middle class consumption in 2030, respectively).” (Global trends and Chinas future|Comment|chinadaily.com.cn)
Due to the introduction of the economic reforms, there had been a boost and the economy of China gradually grew faster than the pre reform period. From 1953 to 1978, real annual GDP was estimated at 6.7% according to the Chinese government. Economist Agnus Maddison estimated China’s average annual real GDP during this period at 4.4%. However during the leadership of Mao Zedong (Chairman), the China economy faced economic downfalls. China was able to double the size of its economy since 1979 as its average real GDP increased to 10%. “The global economic slowdown, which began in 2008, impacted the Chinese economy. China’s real GDP growth fell from 14.2% in 2007 to 9.6% in 2008, and slowed to 9.2% in 2009. In response, the Chinese government implemented a large economic stimulus package and an expansive monetary policy.” (Morrison, 3) Due to these actions and measures taken, the domestic saving and consumption boosted and ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Global Trends Impact in China Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Global Trends Impact in China Essay Example | Topics and Well Written Essays - 750 words. Retrieved from https://studentshare.org/history/1634166-global-trends-impact-in-china
(Global Trends Impact in China Essay Example | Topics and Well Written Essays - 750 Words)
Global Trends Impact in China Essay Example | Topics and Well Written Essays - 750 Words. https://studentshare.org/history/1634166-global-trends-impact-in-china.
“Global Trends Impact in China Essay Example | Topics and Well Written Essays - 750 Words”, n.d. https://studentshare.org/history/1634166-global-trends-impact-in-china.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Population Trends in China
...?Population Trends in China Introduction China has been documented as the world’s most populous country, with a population of about 3 billion, which is about a fifth of the world’s population. The rapid growth in population has become a concern to the government, such that it has introduced various measures to curb the rate of growth. China therefore is a good case study in population growth trends, its analysis and prediction. This paper concentrates on population trends in China between 1950 and 2008, and outlines various models that could be used to represent the data. A variable can be defined as a quantity or...
13 Pages(3250 words)Math Problem
Global Trends in Crime
...?Running head: Global trends in crime Global Trends in Crime Global Trends in Crime Introduction The current global trends in crime arelargely based on the current digital and the widely available electronic technologies which have infiltrated almost all aspects of our lives. These technologies have transformed theft, fraud, and stalking to the more sophisticated crimes of internet scamming, phishing, cyberstalking, cyber bullying, hacking, identity theft, credit card fraud and other crimes generally labeled under internet or cyber crimes. These crimes have more or less infiltrated all corners of the...
11 Pages(2750 words)Research Paper
Global trends
...? Global trends Task: Global trends Given the recent global fiscal trends, plentiful investors are persistently diversifying their portfolios. The rationale behind such technique is to provide a cushion against any eminent fiscal meltdown. Similarly, these individuals are increasingly insightful in their subsequent choices of target investment opportunity. In the preceding century, and up to the turn of the past decade, manifold investors preferred portfolios driven by technology. Nonetheless, recent developments show a shift from this perspective to newer ideals that focus on sustainability. Presently, principal industries across the globe have embraced this novel trend buoyed by the investor confidence in the system. Observably... of their...
3 Pages(750 words)Essay
Global Trends Paper
...increasingly threatened with the boom of IT as well as the global recession. Thus, one can expect being fired for not performing, or simply being laid off due to downsizing of the corporation. This is increasing specially because of the abundance of IT professionals. Another significant are of impact would be pertaining to timing and space. Growth in IT related jobs would mean greater scope for flexible working hours along with telecommuting that would result in greater productivity of work especially for workers like me who are motivated by such flexible initiatives at work rather than the traditional 9-5 work shifts. To conclude, the impact of IT would bring both opportunities and...
3 Pages(750 words)Essay
Trends Impact project
...?Business Trends Impact Project Section Waze Trend The mobile navigation application Waze. The mobile navigation application Waze was acquired by Google in last June. The web giant closed the deal at $1.1billion, report says. Google is getting benefitted from this acquisition. It is helping Google to improve its own mapping and navigation system. Face book also was one of the bidders for this acquisition but lost it to Google. But United States Federal Trade Commission is inspecting the acquisition process because they think there was some violation of Competition Law. UK office of Fair Trading and the Israel Antitrust Authority are also took interest on investigation because they also...
9 Pages(2250 words)Research Paper
Social-economical Trends in China
...1) Your company is considering opening a new factory in China. List several typical activities involved in each phase of the decision. Introduction. If the company is considering opening a new factory in China we must study and understand the various social-economical trends in China. The company must be open on the basis of current trend and consumer interest. And also before an opening anew branch it is very be necessary to recognize the significant position of the new branch in China in capturing new customers and developing good rapport by way of existing customers. The parent company must be in a position to assess...
3 Pages(750 words)Essay
Global media trends
...Global media trends: Introduction: In the last few years, media has developed widely. New trends have appeared such as social media and social marketing. The Internet became available in each home and office which facilitated the popularity of such online social media as Facebook. Advanced technologies in the last few years have been a major cause for the creation of social media. This report, will discuss social media and investigate its impact on Arab and Emirati culture. Social Media: Social media is gaining more and more popularity all over the world in the contemporary age. Facebook has connected people in the virtual world. Millions of people use Facebook, Orkut and...
2 Pages(500 words)Term Paper
Global Trends
...College: Global dynamics propel the convergence of cultures together; these forces include employment. Organizations operate within their policies with certain culture that need to be followed. When the people from different cultures are employed, they are forced to adapt to the organization culture, this organization culture forces the convergence of cultures into one culture. Media also pulls cultures together because people will have an opportunity to watch and listen to different cultures during cultural shows (Barrie, 1995). If there was something negative about a culture that people did not understand, they will have an opportunity to learn. Education is also another key thing. People from different cultures go to...
1 Pages(250 words)Essay
Global Issues and Trends in China
...China Law Enforcement The law enforcement in a country can be to ensure integrity in many sectors like cultural, social, environmental and political.China is a developing nation and the laws of the country are strict and there is legal restriction on many activities that can hamper the economic and social development of the country. The country has enforced its law on media, politics, environmental ethics and business activities. Some of the global issue faced by China is environmental pollution, social media violence and violation of human rights. The recent ban of the Face book and Twitter showcase the law enforcement strategy of Chinese Governenemnt. A brief glimpse of law enforcement...
3 Pages(750 words)Essay
GLOBAL IMPACT
...McDonald’s and its Global Impact of the of the McDonald’s and its Global Impact Logo of McDonald’s The Redoubtable and Ubiquitous Big Mac (McDonalds, 2014). Introduction The travel and tourism industry is comprised of a number of subsidiary sectors. Among these, air travel, accommodation, and food services constitute half of the total output. Specifically, food services is a subsidiary sector that is the second largest. It constitutes more than 16% of the travel and tourism industry’s output (Select USA, n.d.). McDonald’s constitutes the leading global foodservice retailer. It has a vast network of restaurants, approximately 35,000, which serve around...
5 Pages(1250 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Global Trends Impact in China for FREE!
logo footer
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us