Current State of the Economy in China - Research Paper Example

Comments (0) Cite this document
This paper talks about the recent tendencies in the economic development of China. The Chinese economy is the largest populated economy in the world, and it is working in the direction to develop its economic activities, in order to expand its business across national boundaries…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.6% of users find it useful
Current State of the Economy in China
Read TextPreview

Extract of sample "Current State of the Economy in China"

Download file to see previous pages This paper presents a thorough analysis of the current state of the Chinese economy. The main focus of the paper is on the potential of foreign and domestic trade activities in the country. Impact of the reforms in the economic policy, pertaining to the trade sphere, is also considered.
The Chinese government in respect to foreign trade has worked to render some potential changes in this sector by removing some essential barriers pertaining to tariffs, and also reduced the level of monopolistic interventions of the different Chinese states. Even the foreign trade policies in relation to the export and import activities have been reformed by the Chinese government in terms of liberalizing the import licenses and enhancing the level of subsidies in regards to exports.
The ascension of China to the WTO has also largely impacted the trade policies of China concerning the domestic trade activities. Government of China through the reduction of subsidies connected related to requirement of growth of import activities in such sector and thereby explicitly desired the reduction of dependence on indigenous materials. This activity is found to be impacted through the enhancement of American interference where the government of America strongly desired the reduction of the Chinese potential. American interference to alter the realm of government policies pertaining to Chinese domestic trade can be understood from the potential threat which the American government faces from growth of Chinese power.
Thus American intervention is strongly observed altering the course of Chinese policy actions relating to domestic trade activities. The focus is rendered more on the energy sector of the Chinese economy which happens to render large amount of competition to the American region. Thus a fall in subsidies in the energy sector of China especially in the realm of wind energy helps countries like America to develop their potential in the international arena (Wolf). International and Domestic Trade Practices of China The trade practices of China pertaining to the domain of international trade of recent times is being widely accused for taking resort to a large amount of manipulation and adulterated activities. Developed countries around the world like United States and the European countries have in fact accused ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Current State of the Economy in China Research Paper”, n.d.)
Retrieved from
(Current State of the Economy in China Research Paper)
“Current State of the Economy in China Research Paper”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Current State of the Economy in China

State of the economy

...?Argument for expansion based on the current economic of the United s and globally Our company Consumer Products Inc. (CPI) is a United States based regional consumer company based in Phoenix Arizona. As a company it has a solid footing in its localized market however, to compete in the future it will be necessary to expand our business nationwide and eventually globally. The three brands our company hosts, Shades of Youth, Super Clean and Super White are profitable within the local market however, run the risk of a gradual loss of market share to global conglomerates ability to increase advertising and reduce costs. The goal of the following essay is to show why expansion is necessary based primarily in...
3 Pages(750 words)Essay

Current State of the Indian Economy

...? Indian Economy Supervisor] Introduction This paper is going to conduct an analysis on the economic conditions of India. The reason this paper focuses on India is due to the rapid economic progress the country has made in the past few years. India is one of the emerging economies of the world. The Indian economy encompasses a number of sectors which range from traditional farming to modern day industries (CIA, 2013). India is one of the major exporters of services and components related to the information and technology sector. The country has profited from the advancements made by its citizens in the field of software development (CIA, 2013). GDP, CPI and unemployment rate GDP (Gross...
5 Pages(1250 words)Research Paper

State of Economy (Michigan)

...Introduction The paper will analyze the current of Michigan economy and give reasons for current state of the economy. Experts agree that the economy of Michigan has been low for years, but the state has witnessed a great recovery mainly after the Great Economic Recession. The discussion will provide an insight of the current performance of the economy and give recommendations on how to further the economic growth of the nation. Discussion According to Bureau of Business Research 2002, the economy of Michigan has been improving in the last two years especially the auto...
5 Pages(1250 words)Essay

The current state of the economy of the United States

...THE CURRENT OF THE U.S ECONOMY The U.S economy is market-oriented, involving the public sector (federal and governments) purchasing goods and services from a marketplace controlled by the private sector (individuals and business enterprises) in roles of decision-makers. Due to the exclusive power of choice, U.S businesses, unlike their more rigidly bound counterparts in Europe and Japan, have more room to adjust when taking decisions on crucial matters like capital plant expansions, research and development outlay and additions or reductions to the labor force ( Four pointers that measure the health and soundness of a nation’s economy are its Gross Domestic...
4 Pages(1000 words)Essay

State of the current economy (Economics)

...The of The Economy The CIA World Factbook s that the United s of America has the largest economy in the globe. “The recent failure in the U.S. housing and credit markets have resulted in a slowdown in the US economy. 2007 GDP growth was estimated at 2.2% but in 2008 it is projected to be just 0.9%, down from the 10-year average of 2.8% (St Labs, p1).” According to the United States Department of Labor, The Unemployment rate as of September 2009 was 9.8%, which is the result of a progressive growth 8.9% in April 2009. University of Maryland economist Peter Morici declares "we are in a depression (Shinkle, p1)."  He signifies a recession as an economic decline from which an economy can eventually recover but poses that the state... Jones an...
3 Pages(750 words)Essay

Current state of the US economy

...Current of the US Economy The United s has the largest and most technologically sophisticated economy in the world. As per the Bureau of Economic Analysis portal, it has a per capita GDP of $48100. It emerged as a superpower and has been controlling the world economy since the end of World War II. U.S. is the undisputed leader in technological advancements including medicine, computers, automobiles, aerospace and arsenal. The country is the strongest voice in international organizations like the UN and NATO. The world is always keen on listening to US’s stance and decisions regarding issues of international importance. The world always closely observes the political and...
2 Pages(500 words)Essay

State of the economy

...ID Number & of the Economy The current of the U.S. economy can be analyzed using several macroeconomic indicators known as the gross domestic product (GDP), consumer price index (CPI), and the unemployment rate. The nominal GDP is defined as “the production of goods and services valued at current prices” whereas real GDP is defined as “the production of goods and services valued at constant prices” (Mankiw 500 – 501). As compared to the real GDP back in 2008, the U.S. real GDP has shifted from -9% during the last quarter of 2008 up to a positive figure since the 3rd quarter of 2009. It means that the U.S. economy has improved a lot as compared to the...
3 Pages(750 words)Essay

State of current US Economy

...orders have increased to $230 billion. This implies that consumers feel more confident regarding the current economic climate. Additionally, it implies that consumers have more disposable income. Their purchasing power has increased and they are able to afford many commodities in the market. The improvement in the overall economy of the United States is demonstrated by an increase in the consumer demand in a market that has had a slow and gradual recovery since the great depression. There has been an overall rise in residential investment since 2011. New housing starts stood at 1.017 million in September 2014. This figure represented an increase of 17.7 over the year before. The rise...
4 Pages(1000 words)Term Paper

China Fragile State Analysis

...), the GDP in China at the current exchange rate is a fifth of that of the US and that of private consumption is an eighth of that of the US. Additionally, China accounts for only 3% of global imports of consumer goods and 4% of world import growth. This makes US the ‘global consumer’ in the short run (International Monetary Fund, 2009). The rise of China’s economy is the factor that has been raising its foreign and diplomacy policy (D’ Hooghe, 2014). Its transition from a centralized to market economy and subsequent integration within the international economy has resulted into a tremendous growth making it the...
9 Pages(2250 words)Essay

China Economy

...Indicators of Chinese current economic strength Growth in GDP- the reason for choosing GDP is because it has grown by a great margin when comparing 1978 and 2010. “In the year 1978, it was US$230 only and in the year 2010 it had grown to US$4000” (Tong & Wong, 2012) this is a very wide margin. Increasing exports-, this is a major indicator of China’s improved economy. The country itself has a large internal market and given that its produce is becoming more export oriented, it is a good indicator of economic growth. Growth in inward FDI indicates economic development in China. A country with a poor economy will no attract foreign investment. The share...
4 Pages(1000 words)Coursework
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 Research Paper on topic Current State of the Economy in China for FREE!

Contact Us