Key Factors of Chinas Economic Rise - Case Study Example

Some scholars have considered China's economic growth in the past 25 years as a miracle, an extraordinary feat that is unique only in China.... China's open-door policy not only serves as the catalyst for the robust economic growth of China but it is also considered the primary impetus, strongest and decisive factor catapulting China into one of the most powerful economies in the 21st century.... China's good performance in the 1997-1998 Asian crises and the recent global economic slump affirms the view that China's economy is resilient and China offers a reliable risk-avoidance haven that is suitable for international investors (Davies 2012) as the country continuously moves towards becoming the world's largest economy (Davies 2012)....

oon the rural household felt the brunt of the rising price of machinery, fertilizers, and pesticides and resorted to their initial way of farming that gave rise to pseudo unemployment.... The communist government was established in China in 1949 and China entered a prolonged phase of social and economic restructuring till 1977 (MacKerras & Yorke, 1991, p.... This phase is characterized by the meager economic exchange.... owever, this success was short-lived and by the mid-'80s rural economic growth had achieved its ceiling....

The paper focuses on the strategic and economic advantage of China in achieving a position of significant importance on the world platform in the Textile and Apparel Industry with special emphasis on it's competitiveness in the EU market.... The emphasis is on the strategic advantage of domestic structure of the Chinese textile industry, and the economic conditions which induces the growth with competition from the emergence of textile industry in other parts of the world....

Industry growth is characterized by following dominant factors of increasing urbanization; increasing the number of working parents leading to reduced cooking time at home; and changing lifestyle.... Most recently World Bank has raised the economic growth forecast for the year 2013 to 8.... Though the restaurant industry is not only dominated by the economic growth the fact remains that growth is highly dependent on the economic as disposable income constituting the main driving factor....

The paper 'economic Variables and Factors That Led China Become an Emerging Economy' outlines the impacts of the global financial crisis on China's economy and key reasons of the one of the main global economy's success: availability of cheap labor, a large amount of foreign direct investment etc.... Even though there are various studies regarding the variables and economic indicators that make China as the world's largest emerging economy, it is important to analyze those factors in a crucial situation of credit crunch where businesses and economies are being seriously evaluated....

n the global political history, two most apparent changes in power have been identified in the recent occurrences; one being the rise of European economy after 'Industrial Revolution' and the other being the rise of the American economy in the post-Civil War era (Zhou, 2008, pp.... The prime focus of the essay is on the economic problems witnessed by China concerning its relations in the global arena.... Stating precisely, the objective of the essay is to evaluate the economic issues currently witnessed by China in the international context from different perspectives....

Despite its phenomenal economic success, the scarcity of agriculture resources in China seems to be in inversely proportional with its rapidly growing Industrial based GDP.... The author states it is abundantly clear that chinas current population growth rate, as well as the implications of pollution on land and water contamination, is posing a major threat to the stability of China in terms of food security....

According to Wu (1997), a new group of very rich individuals is on the rise and they are widely referred to as 'China's new rich'.... The paper "China's economic Development " is a perfect example of a macro & microeconomics literature review.... China and India have gained prominence for their immense and sustainable economic development since the 1980s.... The paper "China's economic Development " is a perfect example of a macro & microeconomics literature review....