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As per the China Daily report, for the same period, the nominal GDP was $1.87 trillion and PPP GDP was $5.07 trillion for India, another emerging economic power from Asia (“Top 10 countries..”). As per the report of Institute for Economic Competitiveness, the world’s largest economy United States posted a nominal GDP of $16.8 trillion in 2013, but the country’s GDP growth was only 2.3% for the first quarter of 2014. Official government data also indicate that the Chinese economy’s GDP per capita (nominal $6,747 and PPP $9,844) for 2013 assisted the country to strengthen its economic position in the global economy (“China GDP..”).
China is a communist country, and hence it follows the communist principle of equal distribution of wealth and money among the people. As a result, income inequality is not a big problem in China as compared to capitalist countries like the United States and United Kingdom. However, some recent reports indicate that income inequality is turning out to be a growing concern in the current Chinese market economy despite the country’s status as a communist economic system (Lecture notes, ‘Education’). The Asian Development Bank Institute indicates that implementation of reform and open door policies in China in 1978 significantly contributed to the emergence of income inequality issues in the country. The Economist reported that the China’s official Gini coefficient was 0.474 as of 2012, but many economists argue that the country’s real inequality is far greater (“Inequality. Gini out of the bottle”).
China, officially People’s Republic of China, is a communist country or single-party state governed by the Communist Party of China. Key positions in the state structure and military are occupied by the members of Communist Party. The Chinese Communist Party is controlled
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e of globalization while designing the talent pool and expertise for the future economies through interactive learning programs that integrate research and practical experiences. 
Our firm also has a wide network that spans many Asian and Latin nations on one hand and on the
This special campaign required 100 people for hosting a wine tasting dinner and 40 to 60 more people as guest for each dinner. Company used corporate blog in order to find these people so that its marketing campaign becomes a successful one.
Key Alternatives: Andreas can choose between to leave the job and hunt for a new job with similar position in other companies while looking after his family including children and parents. Or else he could
The main interaction of the respondents with the human resource was based on advisory matters, raising of issues and training services. For instance, the main interaction of one of the respondents with the human resource was through training. The rest of the respondents interacted through seeking advice and raising issues or concerns.
Mr. Jones decided to use the straight-line method to calculate depreciation.
Mr. Jones started the year with no olives in inventory. He bought 5,000 green olives at 25 cents each in March, 10,000 at 50
Ryan is supposed to pay the Company because he had breached a contract. In respect of Restatement (Second) of Contract 241 (1981) clause the case has all elements of breach of contract. Mr. Ryan will have to pay the Company 10 % plus the
Sociologists would also like to know the dynamics why education which is supposed to empower people could be a source of inequality.
People resist questioning and changing the ideas that are shared by society’s members because that would mean going against the norm and
tical risk arises from the fact that a sovereign country can change the “rules of the game” and the affected parties may not have effective recourse” (Eun and Resnick).
The post of Susan is correct and she has also provided the definition of expropriation, which strongly
may have cash tied in global sales hence increase the company’s borrowing base by considering the inventory and raw materials (Ambrose, Cheng & King, 2010). A good example is the Export-Import Bank of the United States, which is the official export credit bank in the U.S. Some
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