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Essay / Research Paper Abstract
This 7-page paper focuses on China's growth and its impact on domestic and international factors. Bibliography lists 7 sources.
Page Count:
7 pages (~225 words per page)
File: D0_MTchinamac.rtf
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Unformatted sample text from the term paper:
(China Review, 2007). During the past several decades, the economy has moved from a central system under government control to a more capitalist/market-oriented one that has a fast-growing private sector
(China Review, 2007). The result is that China is considered to be the fastest-growing economy in the world, with a GDP expansion of 9% per annum (China Review, 2007).
Thanks to globalization, however, countries dont exist in a vacuum. As discovered with the Asian Financial Crisis of the late 1990s and, more
recently, the U.S. credit crisis, what impacts one company impacts all on a global basis. Because of this, its important to understand
what, exactly, Chinas economic growth means for both the country internally and the rest of the world externally. Its important to examine the economic implications on a domestic side, as
well as those internationally. To do that, this paper will introduce three hypotheses about Chinas domestic growth, then review what the literature
has to say about our theories. At the end, well draw some conclusions about where China is headed, as well as how its economic activities relate to the rest of
the world. General Hypotheses China has been referred to by many titles, most notably, the "Paper Tiger," or "Paper Dragon." Whatever else
it is, China is moving from its backwoods, isolationist, communist roots into becoming a true world power. How will Chinas economy impact everything on a micro- and macro-economic scale? Here
are three hypotheses well be examining in this paper. Hypothesis one. Chinas growth, overall, has had a positive impact on the local
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