Similarities Between China And America

China is the second largest economy in the world. It has become the fastest growing economy in the world with an average rate of 10% for the last thirty years. The largest exporter and second largest importer of goods has brought China to be ranked first in the foreign exchange reserves. The country with thousands of years of history, started off and continues today as mostly an agrarian economy. Over time China's economy continues to change and prosper. Starting with the first economic change in the early twentieth century, which occurred when the GMD (the Nationalist Party) lost control due to its poor economic performance. This in turn led to their defeat by the CCP. During that time many peasants lost their farmland and this led to a peasant

When it is comes down to dealing with any varieties of crime it’s a challenging issue in every country. No matter where one may be there will always be certain rules and regulations everyone must follow. Different nations deal with crime in many different ways based on their beliefs, policies, principals, and culture perspectives. Cross-cultural studies allow a common view of the variations, elements, and aspects of the justice systems. This paper examines the comparison of the justice system in China and the United States. Exploring the ideas and views, which include the confidence in police, informal and formal crime control, and views on capital punishment. China and the United States can be considered comparable in different

Since the reform and opening up, the economy of China grows significantly, as an emerging economy, China's economy has made tremendous contributions to the global economy, and Renminbi has become one of the most important currency in the world. According to the survey conducted by China National Bureau of Statistics found that from 1979 to 2012, China has attained an annual average growth rate of 9.8% for its national economy, while the annual average growth of the world economy is only 2.8 % during the same period. In past 30 years, China's GDP surpassed Japan’s, China became the world 's second largest economy, in addition, the huge total volume of trade makes China become the world 's largest trading nation. The contribution of China’s

Nowadays, China has become the second largest economy in the world. The GDP (gross domestic product) of china was growing at 9.7% per year in average since 1978, which the year of Chinese “open door” politic founded. China also has become the biggest producer and consumer in many key agricultural and industrial markets and the largest FDI recipient among the developing countries. The performance of china in developing of economy is called “china’s economic miracle”, which be studied by many economists. However, there are also bad results with the development of economy in china such as environment disruption, corruption and

China economy started at 1978, the first economic growth reforms in 1979, the average annual Gross Domestic Product or for short GDP growth rate in China was about 5.3% from 1960-1978. China 's economy was mainly widespread of poverty, very low-income inequalities.The average national life expectancy has more than triple, rising thirty-two years in 1949 to sixty-nine years in 1985.

In 2008, the Global Financial Crisis broke out; both the American economy and the economy in the West suffered a hard blow. However, a big economy system in the East emerged unexpectedly. China is now able to challenge the America’s decades-long dominant position in economic area. Started during the middle of 1990s, China’s manufacturing industry developed rapidly that billions of exports were floating out, and China was given the title of “the world’s factory”(BBC). By the end of 2010, China with a GDP of $5.8 trillion, surpassed Japan’s GDP of $5.48 trillion, became the world’s second largest economy system (BBC). China also exceeded Japan became America’s largest foreign securities holder. Since then, China has been seen as the US’s

For each item China produces for the United States, it helps China’s economy. China would definately not produce goods if it didn’t benefit them in some way. China’s economy continues to prosper everyday because they continue to produce and sell goods to other countries. Prices in China are a lot cheaper in comparison to the United States. Factory workers do not make a lot of money, but they make good money for the work they do. The average China factory worker makes $500 a month, but keep in mind that the prices in China are lower than the United States. These are the reasons that China chooses to produce goods for the United

Nowadays, exploring the differences in overall cultural value structures among different cultures has gradually grew business’s attention across the world. No matter small companies or global conglomerates, how to get involve and maintain their competitive advantages and long-term sustainable success in global business trade has been a heated topic to discuss. To fully understand the ethic differences and cultural influences, the following four aspects will help us to uncover the similarities and differences between the American and Chinese cultures.

The rise in China from a poor, stagnant country to a major economic power within a time span of twenty-eight years is often described by analysts as one of the greatest success stories in these present times. With China receiving an increase in the amount of trade business from many countries around the world, they may soon be a major competitor to surpass the U.S. China became the second largest economy, last year, overtaking Japan which had held that position since 1968 (Gallup). China could become the world’s largest economy in decades.

With more than six billion people in the world is not difficult to realize that there are many different cultures and belief systems around the world that differ from the one we live in here in the US. There are countries that are governed by kings; there are others that are governed by religion, and others that are governed by republics. There are many different ways in which to prove that the world is not the same, we all do things different, we think different. Part of these differences is what drives competition and misunderstandings between nations. Cultural differences are apparent from one group of people to another. Culture is based on many things

in the US, upper, middle, and lower. They are determined by money, the rich are

There is a fierce competition for world dominance as China is poised to overtake the United States as the preeminent world power. China’s growing gross domestic product (GDP) rivals that of the US with economists predicting the Chinese economy will surpass that of the US by 2020 (Morrision, 2014; Strauss, 2013). In 2012, China had a GDP of $8.22 trillion (World Bank, 2014a) experiencing an annual average growth rate of 9.86% between 1999 and 2012 (World Bank, 2014b); whereas the US had a GDP of $16.24 trillion in 2012 (World Bank, 2014a) with an average growth rate of 2.15% from 1999 to 2012 (World Bank, 2014b). More than half of the GDP growth in the past decade can be attributed to labor income growth among college educated employees. Even during economic recession, income growth among college graduates had a positive effect on GDP (OECD, 2012).

The United States and China aspire to command the world economy, but their lifestyle and standpoints look like east and west. When comparing the U.S. and China in Hofstede 6 dimensions model, there were four main dimensions that are strikingly distinctive. These dimensions include individualism, power distance, long-term orientation, and indulgence. Recognizing cultural differences is the first step towards understanding each other. The difference between the United States and China are pronounced, and they merit rigorous examination.

This year is my forth year that I has been studying in the United State. I’m already used to the U.S. culture and the U.S. living style. So in general, I didn’t experience any culture shock after I got here. If I had any culture shock, it’s probably three years ago. I couldn’t remember any of them. However I do have some thoughts about the differences between the U.S. and China after four years of studying in the United States.

Today globalization has an impact on all nations. China is a nation that many rely heavily on. This shows an importance with the economical welfare of China. If China has a downturn in its economy other nations are impacted as well. China contributed “19% of the world's economic growth in 2010, and that's expected to increase to 24% this year” (Miller, What If the China Bubble Bursts?). This depicts the impact that china could have on the economical growth of the world. Due to the economical situations within the United States and Europe, China's growing strength is essential for the recovery of U.S. and Europe. A major issue is "if Chinese land prices plummet, there will be less demand for raw materials and a steep decline in world commodity markets and