China 's Second Largest Economy

As one of the results of globalization, China’s economy has been growing rapidly. China became the second largest economy in 2005 (Allen, J. Qian, & M, Qian, 2005). Due to its movement toward a capitalist economy, the implementation of the one-child policy, and the growing trend of two working parents (McNeal & Yeh, 2003), “the level of affluence of families has continued to grow strongly and a significant business, professional and bureaucratic elite has emerged with resources capable of financing

economic reforms and adopting the open policy in 1978, China’s economy has experienced a spectacular growth and achieved a remarkable success over the past three decades. In particular, according to the government figures released on August 16th 2010, China’s economy in the second quarter has slightly surpassed Japan’s in terms of gross domestic product. This milestone suggests that China is becoming the world’s second-largest economy behind the United States. At the same time, the opportunities created

China is only flourishing as the years go by, and it is only going to continue to flourish because of the way society is brought upon them. It is essential to know the importance of tourism and all the positive and negative attributes it has to offer. China is the “world’s second largest travel and tourism economy after the United States by 2015”, according to a new report from the World Travel & Tourism Council (WTTC). China’s tourist appeal is very different from any other countries outside of

Impacts upon the world economy of the rise of the importance of China. CORP3502 Essay written by P12221243 Essay written to David Cantliff   China takes a huge role in the global economy. If you will pay attention on any goods around, it can be noticed that the majority of products produced in China. The economic system in this country is enormous. In the 21st century, no country has attracted as much attention to itself as China. In an amazingly short period of time, China increased economical

Economic Growth China may share some economic growth patterns with Japan, Korea, and Taiwan due to cultural similarities, geographic location, similar economic development strategies, or, in the case of Japan, relatively large size of the domestic economy. China’s economic growth is expanding at a great pace, while other countries may be at a standstill. China has been the world 's fastest-growing economy. One of the main stimuli twelve years ago was the release of Hong Kong to China from Great Britain

"Effect of Economic Growth in China on Energy Demand and the Environment" Introduction China has grown economically to be one of the most important countries in the world; with over 1.3 billion population and the sheer size of the country, this economic phenomenon is unprecedented. If only this were the only growth China has experienced, then it would really be a phenomenon, sadly, it is not. China 's drastic growth in the economy has also lead to a few other drastic growths, but it is not for

China is a country that affects the world and the way people live. China has the second largest economy and it grows through time. They have a large wealth of many minerals and natural resources, which include coal, iron, copper, limestone and much more. These reserves of mineral and natural resources help provide China with a steady foundation for rapid industrial growth. China is quickly growing and it’s population is increasing enormously. It’s booming economy and industry are a huge catalyst

Indian investment and trade India is the second-most populous country with over 1.2 billion people which located in South Asia. India is the world’s seventh-largest economy based on nominal GDP and is the third-largest purchasing power parity. Following market-based economic reforms in 1991, India became one of the fastest-growing economies country and began to implement export-oriented foreign trade policy. However, before the reform due to the long-time of the implementation of Inward-looking import

Abstract China has always been a country talked about whether it’s because of trade that the U.S. and other countries are involved in or how much they have grown as a country. You usually hear a story in the news about their growing power. China has become one of the top countries in the world ranked as #2 right behind the United States with a GDP of $10.4 trillion U.S. dollars as of 2014 and continues to rise. China has transformed itself to a manufacturing and exporting hub since they were a centrally

select countries CHINA ID STUDENT 13201433 COURSE ID 122171 | 122071 OCTOBER 25TH OF 2013 CONTENTS 1. Basics of China A. China in Numbers i. Economy ii. Development iii. Trade and Investments iv. Consumption Behavior 2. China foreign trade A. Introduction on China trade policies i. China foreign trade in the past years ii. China foreign trade today B. China trade policies i. Data