China’s Emerging Role in Global Outsourcing | China Business Review. Retrieved March 11, 2014, from http://www.chinabusinessreview.com/chinas-emerging-role-in-global-outsourcing/ Zupan, M. A. (2011). Cato Journal - Cato Institute. Retrieved March 10, 2014, from http://object.cato.org/sites/cato.org/files/serials/files/cato-journal/2011/5/cj31n2-1.pdf
It was this change of textile manufacturing power, combined with the huge labor force that China has that allowed dramatic growth of economy in China, as a starting point (Hayat). Industrialization, as discussed in Horan’s lecture, was a stepping stone in Japan and China’s major development as an economic prowess that breaks the international barriers in trade that they once had, which also provided some strong backbone supports to their developments. Next, the second key aspect in why China has grown so large is th... ... middle of paper ... ...ina falls down someday, it would only mean a temporary break from the industry, as we have already seen how successful China has become now on its own. References. "Economic Suicide Biggest Threat to China - OP-ED - Globaltimes.cn."Globaltimes.
COWLEY, S., 2013. The smartphone market's radical shakeup. [Online] Available at: http://money.cnn.com/gallery/technology/mobile/2013/01/29/smartphone-market-share/ [Accessed 4 January 2014]. Focus, G., 2013. Samsung Vs. Apple - A Financial Comparison.
With this underlying superiority, the impact of China’s influence of economic power can affect international political and societal aspects, as they establish their economic empire in roots all over the world. Presently, around the world people from various countries have become unmoved by the sight of “Made in China” on nearly every product label they purchase. In fact, the label has become such an integral element to society, that we essentially overlook the portent of China’s economic growth on a global scale. In actualization, China is expeditiously evolving into one of the most influential countries in the world, and they have no plan on discontinuing that approach. Remarkably, China has unfolded their superiority within a time frame of 35 years, and China’s cutting-edge economic aggrandizement was initiated by a renown Chinese reformist named Deng Xiaoping.
Retrieved February 14, 2014 from http://schwab.com Parto, C. (2012, March 8). Protect Your Current Investments from Currency risk. Investopedia.com. Retrieved February 14, 2014 from http://www.investopedia.com/articles/forex/08/invest-forex.asp Kuiper, J. (2011, May 18).
This made foreign companies rush both monetary and technological resources into China to utilize the manufacturing and development power. Both Microsoft and Sun have created research and development centers to implement and design software applications in China. Domestic companies are not far behind either, for example, China's own Evermore Software is on the rise to challenge Microsoft's office suite with its own.4 With the boom of technology in China and the new capitalism ideas, China also has a huge piracy problem. According to the International Intellectual Property Alliance's 2003 report on China, the piracy problem in China creates $1.85 billion in 2002 alone with 90% piracy rates for all copyrighted materials.5 This piracy problem affects negatively on China's global relations and economic improvements. China's current copyright laws are still in its teenage years, and the fast pace of technological advancement isn't helping either.
Accessed on 12th June, 2014 from http://www.reuters.com/finance/stocks/companyProfile?symbol=AAPL.O Warman, M. (2013). Apple: We can’t keep up with demand. The Telegraph. Accessed on 12th June, 2014 from http://www.telegraph.co.uk/technology/apple/9822856/Apple-We-cant-keep-up-with-demand.html Yarow, J. (2013).
10-K Procter & Gamble. Retrieved from PG invest: http://www.pginvestor.com/Cache/18823762.pdf?IID=4004124&FID=18823762&O=3&OSID=9 Zhao, Z. (2014, January 8). Court confirms John Deere's iconic colors. Retrieved from China Daily: http://www.chinadaily.com.cn/business/2014-01/08/content_17223820.htm
Citigroup Case Study Abstract This summary provides a debate of the Citigroup Corporation. The main arguments, debated by Team E, discuss whether Citigroup has displayed adaptability on expanding its operations into China. The conclusion summarizes Team E agreement that Citigroup has displayed environmental adaptability in its attempt to expand operations in China. Citigroup Case Study China has made it difficult for foreign banks to go into their country and offer their services by controlling their growth and only providing licenses for limited commercial activities. Citigroup, a premier foreign bank operating in China, has become one of the most successful financial services company in the world.