China'S Future...What Path?

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Issue:

Business

 

Written by:

Bobby M

 

Date added:

May 2, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1022

 

Was viewed:

2680 times

 

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Essay content:

What do I think? Watch out, China’s future will be a shock to almost everyone. Never underestimate the power of the dragon. The year is 2001. China joins the World Trade Organization (WTO) and Americans give way to the new “Asian powerhouse.” China has grown 9 percent a year for more than 25 years and is recorded as the fastest growth rate for an economy in history according to and abstract by Peter Katel in the CQ Researcher...
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With exports rising from 38.8 billion to 196.7 billion (a 400% increase) from 1994 to 2004 to the US alone, no wonder why China has gained new popularity with the business world. In the same article Peter Katel goes on to state that two-thirds of the world’s copiers, microwave ovens, DVD players and shoes are manufactured in China...
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