China in 2025 China will undoubtedly be one of the decisive actors in the international scene in the XXI century. - She currently owns 20% of the world's population. - Produces almost 5% of world’s wealth. - Represents 12% of world demand for primary energy. - Holds 1.3 trillion dollars of currency reserves, what makes her the first world recipient ahead Japan. - It has become the second destination of foreign direct investment (FDI) behind the United States. -The amount of
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international relations between China and countries of the West and Africa have enjoyed a long standing relationship though at different levels. Since the emergence of the People’s Republic of China, China-West and China-Africa relations have advanced continuously, as shall be demonstrated herein by the deepening relations in economic, political and cultural realms. These relations have created a new form of strategic partnerships founded on political equality, economic win-win relations, mutual trust
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PESTEL -Political Recently China has made extraordinary efforts in modernizing legal and economical system aimed to stabilize the growth of the country; however China remains a strictly controlled country, where civil liberties, such as freedom of communication, religion practice and demonstration are severely limited. Major internal problems in China include growing corruption, increasing rural poverty and environmental degradation. China enjoys a strong relationship with the US and other
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Urban Housing Markets in China Yongzhou Hou Stockholm 2009 Report 88 Building and Real Estate Economics Department of Real Estate and Construction Management Royal Institute of Technology Kungliga Tekniska Högskolan © Yongzhou Hou 2009 Royal Institute of Technology (KTH) Building & Real Estate Economics Department of Real Estate and Construction Management SE – 100 44 Stockholm Printed by Tryck & Media, Universitetsservice US-AB, Stockholm ISSN 1104-4101 ISRN KTH/BFE/M-09/88-SE ISBN
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China and India: The Pattern of Recent Growth and Governance in a Comparative Political Economy Perspective By Pranab Bardhan The two largest countries of the world with ancient agrarian civilizations, with many centuries of dominance in the world economy in the past and recently with impressive economic growth performance, draw obvious comparison. Over the last more than sixty years the two neighboring countries having adopted sharply divergent political and economic systems also provide
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Economic Growth and Public Policy of the UK: Does the protectionism help? Introduction The effects of globalization have touched all the aspects of life and business today. One aspect is the trading policies between countries. Since the late nineteenth century, the collision started between domestic and foreign industries, which ask governments for measures that could protect local industries, without discouraging the country’s trade relations. The term ‘Protectionism’ was thus introduced
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of economic hardship, and the Chinese economy is set to surpass the U.S.’s before the end of this decade, China looms very large on the horizon. A U.S. intelligence report stated that China's economy is likely to surpass the U.S. in less than two decades while Asia will overtake North America and Europe combined in global power by 2030. Modern China’s rise to world economic power, like its predecessor from 1100 to 1800, is based on its enormous productive capacity. China’s rush to economic development
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Chinese Economics in Global Financial Crisis of 2008 Prepared for F.S. Helmut Submitted January 10th, 2014 Ludacris Yu As for the financial crisis of 2008 in the world, which is the most serious economics crisis since the Great depression in 1930s, and caused globalized influenced. Many major economics have had flat and passive development over the last two years. Whereas in China, the economics still have been growing stabilized. According to the Wikipedia “China is the
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travel restrictions coupled with the growth in the gaming segment resulted in nearly 27 million travelers visiting China in 2007, an increase of almost 62% over the preceding three years. Macau’s traditional textile industry has gradually shifted base to China due to termination of the Multi-Fiber Agreement in 2005. The Closer Economic Partnership Agreement (CEPA) signed between Macau and China allows tariff free movement of goods from Macau to mainland China. Pataca, the currency of Macau is closely
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China has been experiencing very fast economic growth for three decades now. Surpassing other G-8 countries, China has become the second largest economy in the world in Purchasing Power Parity and she is already the world’s top exporter country. This fast economic growth has been associated with fundamental changes in China’s institutions. From a centrally planned economy and very egalitarian society, China has become by and large a market based economy and an unequal society. China has also become
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