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.
Nobody downloaded yet

Chinas Economic Advantages - Essay Example

Comments (0)
Summary
The present essay "China’s Economic Advantages" dwells on the economic situation of China. As the author puts it, it still remains a mystery to see China rise from great economic turmoil to being the second biggest economy judging by its gross domestic product, after the USUS. …
Download full paper
GRAB THE BEST PAPER
Chinas Economic Advantages
Read TextPreview

Extract of sample
Chinas Economic Advantages

Download file to see previous pages... The Mongols promoted trade in China by offering security to caravan traders who were moving long distances for an exchange of goods and services. They guarded the path which cut from Asia to Russia hence ensuring the safety of caravans from robbers who instilled fear on the earlier traders. The Mongols were united under Yuan and were well organized both in war and in trade. Their emergence reshaped China, rising from a humble nation to one that caught the world’s attention with its commerce and highly advanced technology. Added to China’s advantage was the fact that it had a large population which provided labor and ready market for its produced goods. Its population offered a great advantage to traders who channeled their goods to China since there was a large market with willing buyers and willing sellers dealing in silk and other products. Slaves were in abundance for exchange. Another factor which boosted Chinese expansion of trade was the opening of the Silk Road. The Silk Road covered parts of the Middle East and extended to parts of Russia. The road was a convenient way through which traders could transport their goods to and from China to their destination. Another factor that made China thrive in trade is the kind of political peace it enjoyed under the Mongol’s Yuan dynasty. Being a dynasty with a strong political background, China enjoyed a peace and was free from external attack. The Mongols were an organized lot with a strong military base; a factor which had a direct impact on trade....
Added to China’s advantage was the fact that it had a large population which provided labor and ready market for its produced goods. Its population offered a great advantage to traders who channeled their goods to China since there was large market with willing buyers and willing sellers dealing in silk and other products. Slaves were in abundance for exchange. Another factor which boosted Chinese expansion of trade was the opening of the Silk Road. The Silk Road covered parts of the Middle East and extended to parts of Russia. The road was a convenient way through which traders could transport their goods to and from China to their destination. This was a boost to the growing influence of China as a hub of commerce in the world. Another factor that made China thrive in trade is the kind of political peace it enjoyed under the Mongol’s Yuan dynasty. Being a dynasty with strong political background, China enjoyed peace and was free from external attack. The Mongols were an organized lot with strong military base; a factor which had a direct impact on trade. China’s economic meltdown came as a result of a number of factors. It is important to look at such factors in relation to their effect not only in China but also in other countries that formed part of Eurasian trade. The most known cause for the decline in China’s economic strength is the emergence of the Black Death. It is believed that the plague commonly known as the Black Death began its spread from the Chinese Mongols, spreading all the way to other parts of Europe and many parts of the Middle East (Lin 19). The Black Death also known as the bubonic plague fuelled the collapse of Yuan dynasty. It is ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
China Economic Development
According to the paper China’s economic reforms started in the late 70’s and 80s with the focus on collectivizing the country’s agricultural activities. Chinese leader during this period attempted to transfer the heart of agriculture from traditional farming to household activities. These reforms extended to price liberalization, in a more gradual way. It became followed by fiscal decentralization.
5 Pages(1250 words)Essay
Effects of Rising Economic Role of China on High Levels of Unemployment in the EU and USA
This essay focuses on the identification of current macroeconomic trends in development of China, the European Union and The United States in regards to level of unemployment in respective economies. Major economic factors, that can force reliance on imports from Chinese economy in the US and the member- countries of the EU are considered.
4 Pages(1000 words)Essay
Economic development of India and China
Economic development of India and China. Introduction The economic growth of China and India has triggered much interest in the world. Economists have had extensive arguments and counterarguments on how the Asian economic giants managed to grow and cut a niche for themselves in the global economy.
7 Pages(1750 words)Essay
Difference between Chinas economic management style and the Western style
China is unquestionably among the world’s largest and fastest growing economies (Watson, 1994, p. 48). Since opening its markets to the rest of the world in 1979, China’s economic growth has experienced a persistent upward trajectory (Tsui & Lau, 2002, p.
20 Pages(5000 words)Essay
Economic Advantages of Free Trade
This essay mainly focuses on the specification of numerous economic advantages, that participation in a free trade area brings to economic development of a country. In a free trade area, member countries abolish all impediments of trade between themselves, but each country maintains its own sets of restrictions on trade with non-member countries
5 Pages(1250 words)Essay
Discuss the Advantages and Disadvantages for Taiwan of Closer Cross-Strait Economic Relations
This commercial relationship between Taiwan and China as a result of favourable environment available to investors and business people at both the sides is leading towards an integration of these countries’ mutual economic benefits. The
14 Pages(3500 words)Essay
Economic dissertation3
The policy for trading textiles in the EU aims at achieving fair and equal conditions of trade worldwide, in order to promote development of trade in the sector as well as to avoid any significant restriction remaining after the phase-out quotas in 2005. The EU
12 Pages(3000 words)Essay
Economic globalization in China
It opposed the global economic order, political order and the major global institutions such as the IMF and the World Bank before the reforms started in China (Overholt, p.3). Earlier, China like socialist countries perceived globalization as a product of
5 Pages(1250 words)Essay
China had dominated trade in Eurasia since the first century C.E., and in the fifteenth century possessed the worlds most impressive navy. What were Chinas economic advantages and why didnt it continue in its position of global economic dominanc
It was during this time that China’s success in commerce also expanded to its military base, owning the world’s best navy at that time. It also was during that
4 Pages(1000 words)Essay
Chinas arms export to the developing countries in Asia

The author claims, that according to data from the SIPRI Arms Transfers, volume of arms exported from China, as regard conventional weapons, increased by 162 % from 2003 to 2012, while its share in the total volume of arms exports globally rose from 2% to 5 % during the same period. China ranked as the fifth largest exporter of conventional arms.

26 Pages(6500 words)Essay
Let us find you another Essay on topic Chinas Economic Advantages for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us