China’s growth has ultimately reduced poverty, and because China holds 20% of the world’s population, they become bigger consumers. Increasing number of companies are trying to sell to this market since it is the largest in the
In China, “English has been the dominant foreign language in the curricula of educational institutions and in foreign language learning in Chinese society for more than two decades”(Chang, 2006, p.514). The Ministry of Education in China has done an appropriate job on English education after English is globalized. Not only in China but also the world popularizes English courses. Statistics show that there are around 80 countries “have officially recognized English as a primary and secondary language” (p.514). The overall number of people who regard English as their first or secondary language has achieved 22.1 billion, and it’s equal to the third of the world’s population (p.514).
But hamstrung by lack of information, this story of Jiang's decade at the top of China's Communist Party only partly satisfies. Tiger on the Brink is essentially a first-rate job. However, Gilley had to rely overwhelmingly on secondary sources; as he relates in the preface, the closest he ever got to his subject was when he ran into the portly president in the men's room at the Great Hall of the People. And Jiang left the restroom before a surprised Gilley could think of a question to ask. The big cat in the book's title apparently refers to China, not Jiang, for it is unlikely that anyone would ever mistake the genial and cautious leader portrayed by Gilley for such a ferocious creature.
3. 1.2 Industry Players When it comes to commercial and residential properties, China has several industry players. First on the list are the property developers. According to ibisworld.com, Over the past few years, the revenue for the real estate development is expected to reach $1.25 trillion and with an annualized growth rate of 17.1%. The strong demands for the residential properties have given property developers a strong position in the market place; especially now that household incomes are increasing and low interests rates are lend by banks in China, which gives more people a chance to buy their own properties.
This foreign money financed power plants, skyscrapers, airports, and a quickly growing export economy. Workers’ wages rose and an entire middle class appeared with a taste for finer—usually imported—things. The per-capita income levels in Hong Kong and Singapore exceeded those of some industrial countries for a while. Moreover, for the 30 years leading up to the eventual fall of the Asian markets, personal income levels had risen fourfold in Malaysia, fivefold in Thailand, and an astonishing tenfold in Korea. This swelling of the Asian markets was felt all over the world as other countries’ exports to Asia rose in response.
1.2 British brands in China Being one of the most robust emerging markets, China has attracted investments all over the world for decades since the beginning of its open and reform policy (Melewar, T.C., et al., 2004). After China was accepted by WTO (world trade organization) in 2001(Leïla, 2009), more and more foreign brands have been introduced into Chinese market, among which British brands are no exceptions. These brands of different categories are experiencing the fierce competitions in China, some of them are expanding business quite smoothly while many others are struggling grabbing the market share they have achieved, some losers have to quit the game in the end. Here are some typical brands running not bad in China: Tesco: which entered the Chinese market in 2004 - currently operates 96 supermarkets and 12 express stores across China, with its operations mainly centred in Shanghai. But with the newly opening of a 240,000 square meter logistics centre in the nearby eastern coastal province of Zhejiang, the company hopes to start expanding throughout the country (The Independent.
The importance of English is measurable by its increasing expansion in several nations around the world. The majority of Europe is beginning to speak English, leaving only five European nations that do not speak it as a popular foreign language, as stated in a Daily Mail online article by Steve Doughty (Doughty). The language is everywhere, from popular culture, western movies and music, literature, news, schools and more. The domination of English in media, its increasing global expansion, and significance in the economic industry make it the most important language today in terms of social mobility. Media is one means of communication that links us all together.
In order to consolidate their rule, they introduced the English language and, with the passage of years, the study of English became increasingly popular. Gradually, this language ousted Urdu and other native languages from the official sphere altogether. For the purpose of administration and all other official work, English became the most important language all over the country. One of the principal means to strengthen inner and deeper unity of India is to evolve speedily a national language for the entire country. Hindi has officially been accepted as our National Language, but unfortunately it has not found place in the hearts of our people, particularly in the South.
This threat is coming mostly from China in the form of Mandarin. China’s population continues to grow and its economy is increasing. Therefore, it seems that China is poised to possibly overtake English as the global language. However, according to linguist specialist John H. McWhorter, this may not happen. He notes in a Wall Street Journal article, What the World Will Speak in 2115, that English is entrenched in all facets of communication.
Importance and position of China as a source of imported for US has grown significantly over past few years. This is clearly illustrated by the fact that from being the eight largest importer for US in 1990, China now has become the top source of imported for US by 2013. Imports from China are mostly for computes, and communication related products, however there are other items as well like, apparel, semi-conductors, toys and other electronic parts which are imported in huge amount from China to United States. US-Germany Economic Policy Germany being one of the most important country withing European Union, it has established itself as a major trade pa... ... middle of paper ... ...ke China, Japan etc. But still Germany has significant stake in form of investment in United States and vice-versa.