StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Impact of Chinas Rise on the Asian and Global Economy - Thesis Example

Cite this document
Summary
"Impact of China’s Rise on the Asian and Global Economy" paper discusses how China has impacted the ASEAN-4’s (Malaysia, Indonesia, Thailand, and the Philippines) and other selected Third World Asian states. It discusses the various reforms implemented in China since Deng Xiaoping came into power…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER98.8% of users find it useful
Impact of Chinas Rise on the Asian and Global Economy
Read Text Preview

Extract of sample "Impact of Chinas Rise on the Asian and Global Economy"

Download file to see previous pages

With strong exports and vivid participation in foreign trade, China has become a formidable economic power with a strong potential for expansion and growth With China’s emergence, the Asian economy has also gained notice from the rest of the world. In fact, many of China’s investments have been directed towards other countries in Asia and these countries in Asia have also benefited from China’s rise. In some ways, China has helped in Asia’s emergence as an improving economy also in relation to the Western economy.

 Secondly, it shall also discuss the different how its economic rise has impacted on other countries in Asia, specifically the ASEAN-4. Thirdly, it will consider how China’s impact on these states and how it has helped them be more economically competitive and viable in relation to the global economy. Lastly, this paper will summarize and conclude the discussion and consider how its overall conclusions impact on the future of China and Asia in relation to the global economy. This study shall refer to China’s general impact on the economy of Asia, specifically the ASEAN-4, without excluding other Asian nations relevant to this discussion.

This paper is being carried out in order to establish a clear and comprehensive discussion on the economy of China and its overall impact on Asia and other developing countries. Future trends will hopefully be established through these discussion points.Phase one of the reforms started in the countryside where he allowed the farmers to produce their own food and then to sell the surplus products into the markets (Ianchovichina and Walmsley, 2003). State procurement prices were increased and the Household Responsibility System ensured that farmers could lease land for a particular period from the collective, as long as they delivered a minimum quota to the collective.

The surplus could then be sold to the government or to the free market (Ianchovichina and Walmsley, 2003).

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Impact of Chinas Rise on the Asian and Global Economy Thesis, n.d.)
Impact of Chinas Rise on the Asian and Global Economy Thesis. https://studentshare.org/macro-microeconomics/1777791-could-china-become-the-largest-economic-power
(Impact of Chinas Rise on the Asian and Global Economy Thesis)
Impact of Chinas Rise on the Asian and Global Economy Thesis. https://studentshare.org/macro-microeconomics/1777791-could-china-become-the-largest-economic-power.
“Impact of Chinas Rise on the Asian and Global Economy Thesis”. https://studentshare.org/macro-microeconomics/1777791-could-china-become-the-largest-economic-power.
  • Cited: 0 times

CHECK THESE SAMPLES OF Impact of Chinas Rise on the Asian and Global Economy

China and the World: Economy and Security

… According to the report Chinese governance over the global economy is reflected by its fast expansion in trade activities with regard to the global trade functions.... Further, the growth of the concept of market economy also helped the industries to expand their business sphere in the international level.... In fact, the development of the Chinese economy through acts of privatisation and economic liberalisation helped the Chinese government to gain control over seemingly disadvantageous regions of the world....
8 Pages (2000 words) Term Paper

China and Japan in East Asian economic development

) Even though politically and socially two entirely different countries, (China is a communist country whereas Japan is a democratic country), China and Japan play a pivotal role in controlling Asian economy in general and East Asian economy in particular.... Even though India, South Korea etc are some other prominent economies in Asia, no other country seems to be as effective as China or Japan as far as the influence in Asian economy is concerned....
8 Pages (2000 words) Term Paper

China and India in the New Global Economy: Will Those Rising Countries Still Rise

The role of America internationally is gradually decreasing and these two countries are positioned as the strongest rivals, players of the global economy and the modern political scene.... The paper deals with the developments of the countries, such as China and India, in the global society.... Key words: globalization, development at different levels, international arena, global players, implications of global growth.... The paper deals with the developments of the countries, such as China and India, in the global society....
6 Pages (1500 words) Research Paper

China's Military Rise over the Long Term

the asian countries fear that the build up of military by China might draw to its sphere of influence.... This has led to overall improvement in the strength of the asian military.... The increase in strength of the asian military has made the international community view Asia as a security threat to the entire international community; however, this may not be the case (Fisher 89).... Although the strengthening of China's military has been viewed as frightening to the asian countries, the build up of China's military must not be carried with hysteria since China is less formidable to its neighbors....
4 Pages (1000 words) Essay

South East Asian Financial Crisis

tml )The countries thought that free trade would benefit their economy.... Obviously, because, unlike other countries, it is without natural resources and is an export based entrepot economy.... Creation of growth triangular natural economic territories also establishes security of economy.... The origin of South East asian financial crisis was in Thailand, with the collapse of Thai Baht mainly due to real estate problem.... SEAN Free Trade Area was to be formed in 2003 comprising all the 10 South East asian countries....
14 Pages (3500 words) Essay

Health and Long Term Policies and Programs in the Asian Cultures

The first is the aging population of Asian countries such as China and Japan and the second is the impending AIDS epidemic which could hit the… Both these problems deserve to be discussed in detail since China has become a vital country for global trade and Japan has been a part of the economic giants of the world for decades. The problem of aging population is Health and Long Term Policies and Programs in the asian Cultures There are two significant problems affecting Asia in terms of long term health issues for which government policies need to be in place....
2 Pages (500 words) Essay

The Growth of China from 2008 to 2018

With no clear causative factors, the financial recession of 2008 is known to have devastated many nations especially in… China, being a socialist market economy is known to be having the second largest economy when measured in nominal GDP and purchasing power parity (Barth, Tatom & Yago, 2009; Siddique, 2007).... Precisely, in the global With the main aim of ensuring recovery after the recession of 2008, the country has managed to record tremendous growth, particularly in the gross domestic product (GDP), which is used by its leaders in the benchmarking of the economy's performance....
10 Pages (2500 words) Research Paper

Economy of China

Stating precisely, the objective of the essay is to evaluate the economic issues currently witnessed by China in the international context from different perspectives… China's economy has been greatly impacted by trade liberalizations and globalization, in terms of the enhancement of international business along with the reduction of trade barriers in China resulting in immense economic growth in the recent times.... However, the economy has also been examined to be confronted with problems of inequity Contextually, with respect to commercial activities, national limitations are lessening in terms of legitimate administrations where independent federations are performing as the principal power over their respective regions (Kojima, 2002, pp....
8 Pages (2000 words) Research Paper
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us