One country that has a rich cultural history, a large population and some of the grandest mountain ranges in the world is China. This country is the third largest one and contains the world's largest population. It is also home to one of the very first recorded civilizations. Thanks to its large mountains it is rich in natural resources that had come up from the earth. China produces a large variety of things from steel, to cameras and synthetic materials.
The People’s Republic of China is a country with one of the richest cultural backgrounds and the largest population in the world with 1,338,612,968 people. It holds “1/5 of the world’s population” (Banister 2). Located in eastern Asia, it is the fourth largest country with a total area of 9,596,960 sq km and the second largest electricity consumer and exporter after the U.S. The vast amount of natural resources make China one of the leading manufacturers of the worlds products from raw materials such as steel and iron to finished goods as toys, various machinery, textiles and electronics. I choose the People’s Republic of China because I have always been intrigued with the history and culture of the Chinese people.
This is leading to tremendous changes in the global economy. China has become the second largest foreign direct investment recipient country in the world and the largest recipient among developing countries. Since 1978 the foreign direct investment has flooded into the country. In 2002 china became the first country for a very long time to attract more foreign direct investment in one year then the United States (bringing in US$53.2 billion while US$52.7 billion flowed into the United States). Foreign direct investment has played a vital role in the transformation of the Chinese economy in China, with value contracted increasing from US$ 52.1 billion (1998) to US$ 115.1 billion (2003).
China was one of the most politically and economically strong countries during 1500 – 1800. The state was identified as family. It brought unity and integration. The political system was an expanded role of Confucianism. From 1500 – 1800, China was the most highly commercialized non-industrial society in the world.
In 2011, China became the third largest market for global luxury brands, accounting for almost 25 percent of global sales of consumer luxury products. Simply carrying an imported label can often, though not always, be enough to put products into a premier rice category It has also been observed high price of a product is directly correlated to the quality of that product. Taking into account the extreme high quality from which this product is manufactured, we are definite that Powerilly to be a leader in its industry.
Furthermore, in 2008, China was the second largest U.S. trade partner, its third most principal export market... ... middle of paper ... ... producer would be also convenient for the consumer. Cooper (2006, p 11) points out that People’s bank of China which is the China´s central bank might be considered as one of the main evidences related to the risk that represents the fact of having an “undervalued” currency. PBC (People´s bank of China) is playing a high role in the foreign exchange market, in other words, PBC is managing China´s reserves and dominating them by the control of capital flows inside and out of the Chinese territory (Cooper p11). Following this concept, high savings rate in China may be determined by the limited opportunities that citizens have to invest and also by the controlled banking system. Indeed, it is believable that without capital´s control, the Chinese currency would be floating, thus can be appreciated or depreciated by economical pressures but not by bank`s policies.
He also adopted the legali... ... middle of paper ... ...provinces, and the appointment of governors to collect taxes from them were just some of the things they got from China. China was the most populous country of this time and influenced greatly all of its surrounding countries. Many different dynasties ruled China throughout history, and each one had its own impact on China. Each ruler had his or her own beliefs and ways of ruling that would be pressed upon the people. Even the countries around China were affected when Chinese armies would conquer them and set up their armies in their country.
The capital of France being Paris, is one of the most visited cities in the world. With at least 79 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France’s economy is the fourth largest in the world following behind France is a very industrialized nation, yet it has kept some of the cultural characteristics that contribute to its old- world charm. The economy is exceptionally diversified, they produce everything from aircrafts to pharmaceuticals. France is one of the world's major economic powers.
Trading is a key contribution in our economy that involves importing and exporting among countries in the economy, with China being one of the most involved countries. There are multiple decisions that go into trading between countries, whether it is whom you choose to trade with or what you wish to trade. Although China is known as a major trading partner with multiple countries, its biggest contribution to trading deals with its exports. According to GlobalEdge, the leading country that China exports to the most is the United States. The United States has a drastic lead of revenue from exports over the next leading country, Hong Kong, with $34,017,016,534 more to be exact (GlobalEdge).
Obviously known for its population, China has approximately 1,356,000,000 people, making it the most populous country in the world. Land area wise, China is 4th in the world, after the United States. (4, 5) China has different weather depending on where you go in the country. China records temperatures as cold as -68 ̊ F in the north and has recorded temperatures as hot as 152 ̊ F in the northwest Flaming Mountains region. (7, 8) China has three different geographic regions.