China offers an interesting picture of a political and business environment. Its economic presence heavily depends on manufacturing and its inexpensive labor resources. As a result, this dependence has led to over-investment and overcapacity in certain industry segments such as oil, steel and cement. Also, Chinaâ€™s socialist banking tactic has complicated an already intense economy. As a result, the countryâ€™s veracious economic growth has sent inflationary and deflationary impacts across the world by raising prices of the globally traded commodities like oil, cement, steel and other metals. Chinaâ€™s old growth model, driven by infrastructure investment and driven by cheap credit, has run out of steam.
China has made leaps and bounds in the economic landscape of the global economy. Changes in policies enabled private sector and global competition that were previously monitored by the government to pick up steam as new laws in place to increase the number of children household to one plus and lastly, Xi Jinpingâ€™s (the leader of China) announcement to support a more sustainable consumer driven expansion in China (Silverstein, 2013). Chinaâ€™s mission in the era of Jinping is to have a technology driven economy high in quality and productivity performance. Their goal is to be the number one Superpower.
It has taken time to reboot the ideology of the political system which has provided optimism for economic growth. According to Fox (2013) Chinaâ€™s goal is not be a revolutionary power, yet, a revisionist power. Revisionists want more for themselves, whereas, revolutionists want to overturn the government.
As of 2018, there are 120 Chinese corporations on the Fortune Global 500 list. As far as brand recognition, the number is very low. To sustain a competitive advantage product branding in this region is a high priority. Huawei established in 1987 made its 2019 100 Best Global Brands debut, at sixty-eight. Huawei is a basic research organization focusing mainly on technological innovations and solutions that is fully owned by its employees.
It has been an uphill road for China to overcome the stigma of its production quality. To address a poor reputation, several areas must be addressed: having a more culturally diverse organization would help their leaders understand global needs and open channels of communication; China must shift from low quality, low value to high quality, high value; lastly, China must address country related political issues including cyberespionage, xenophobia and increased tariffs.
Historically, Chinaâ€™s gross domestic product (GDP) has shifted from the public sector to the private sector. This has enabled joint ventures which facilitates a smoother transfer of global communication, technological knowledge and cultural acceptance which is needed for growth. Studies posit Chinaâ€™s growth is largely due to its labor force (Yueh, 2015). China has been a high growth economy for over thirty years reaping a double-digit growth (Mangus. 2018). Today, the rate has slowed down to about six percent in the next twenty years.
Issues facing China today according to Mangus (2018) are: China needs to improve its financial misbehavior over the last twenty years; China also seeks to be a more prominent player in the global monetary system; also, there is a significant aging population and middle-income trap.
Looking at China, we can suggest that economic conditions, economic policies and the economic systems are the significant external factors that constitutes the economic environment of a business. The economic conditions of a country for example, the nature of the economy, the stage of development of the economy, economic resources, the level of income, the distribution of income and assets are very important determinants of business strategies. Because there is no universal strategy for all industries, only those strategies that are tailored to an industry and to the skills and assets of a firm succeed.
1. What is an economic system? What are the basic problems of an economic system?
2. What are the features of a mixed economic system?
3. Explain the role of government in solving problems that arise from different economic systems.
4. Define privatization and trace the history of privatization.
5. Explain the different routes of privatization.
6. Give your arguments for and against privatization.
7. Why is Chinaâ€™s privatization different?
8. Bring out the nature and causes for globalization of business.
9. Explain the stages involved in the economic transition of globalization.
10. Evaluate the impact of globalization on Chinaâ€™s economy.
11. List the strategies used for globalizing a business.
12. Natural resources are the wealth of a countryâ€™s economy. Discuss Chinaâ€™s key resources.
13. Evaluate Chinaâ€™s government policies towards management of their natural resources.
14. Evaluate the impact of economic development on environmental issues.
Please prepare a 3000-minimum paper that includes the following information. Your paper should be in APA essay format which includes a Cover Page, Abstract, Citations and a Reference Page. There should be a minimum of five references. The questions listed above should be answered in the essay; however, not listed. Please no bullets or lists. Please use the Game Theory to discuss Chinaâ€™s strategy.
Fox , J. (November, 2013} The Chinese Steamroller is Already Sputtering. International Business. Harvard Business Review. Digital Article
Mangus, G. (2018) Red Flags: Why Xi’s China Is in Jeopardy. University Press.
Silverstein, M. J. (November 2013) Ten Predictions for Chinaâ€™s Economy in 2014. Economy, Harvard Business Review. Digital Article.
Yueh, L. (December 2015) Chinaâ€™s Growth: A Brief History. Business Economics. Harvard Bu
Get Professional Assignment Help Cheaply
Are you busy and do not have time to handle your assignment? Are you scared that your paper will not make the grade? Do you have responsibilities that may hinder you from turning in your assignment on time? Are you tired and can barely handle your assignment? Are your grades inconsistent?
Whichever your reason is, it is valid! You can get professional academic help from our service at affordable rates. We have a team of professional academic writers who can handle all your assignments.
Why Choose Our Academic Writing Service?
- Plagiarism free papers
- Timely delivery
- Any deadline
- Skilled, Experienced Native English Writers
- Subject-relevant academic writer
- Adherence to paper instructions
- Ability to tackle bulk assignments
- Reasonable prices
- 24/7 Customer Support
- Get superb grades consistently
Online Academic Help With Different Subjects
Students barely have time to read. We got you! Have your literature essay or book review written without having the hassle of reading the book. You can get your literature paper custom-written for you by our literature specialists.
Do you struggle with finance? No need to torture yourself if finance is not your cup of tea. You can order your finance paper from our academic writing service and get 100% original work from competent finance experts.
While psychology may be an interesting subject, you may lack sufficient time to handle your assignments. Don’t despair; by using our academic writing service, you can be assured of perfect grades. Moreover, your grades will be consistent.
Engineering is quite a demanding subject. Students face a lot of pressure and barely have enough time to do what they love to do. Our academic writing service got you covered! Our engineering specialists follow the paper instructions and ensure timely delivery of the paper.
In the nursing course, you may have difficulties with literature reviews, annotated bibliographies, critical essays, and other assignments. Our nursing assignment writers will offer you professional nursing paper help at low prices.
Truth be told, sociology papers can be quite exhausting. Our academic writing service relieves you of fatigue, pressure, and stress. You can relax and have peace of mind as our academic writers handle your sociology assignment.
We take pride in having some of the best business writers in the industry. Our business writers have a lot of experience in the field. They are reliable, and you can be assured of a high-grade paper. They are able to handle business papers of any subject, length, deadline, and difficulty!
We boast of having some of the most experienced statistics experts in the industry. Our statistics experts have diverse skills, expertise, and knowledge to handle any kind of assignment. They have access to all kinds of software to get your assignment done.
Writing a law essay may prove to be an insurmountable obstacle, especially when you need to know the peculiarities of the legislative framework. Take advantage of our top-notch law specialists and get superb grades and 100% satisfaction.
What discipline/subjects do you deal in?
We have highlighted some of the most popular subjects we handle above. Those are just a tip of the iceberg. We deal in all academic disciplines since our writers are as diverse. They have been drawn from across all disciplines, and orders are assigned to those writers believed to be the best in the field. In a nutshell, there is no task we cannot handle; all you need to do is place your order with us. As long as your instructions are clear, just trust we shall deliver irrespective of the discipline.
Are your writers competent enough to handle my paper?
Our essay writers are graduates with bachelor's, masters, Ph.D., and doctorate degrees in various subjects. The minimum requirement to be an essay writer with our essay writing service is to have a college degree. All our academic writers have a minimum of two years of academic writing. We have a stringent recruitment process to ensure that we get only the most competent essay writers in the industry. We also ensure that the writers are handsomely compensated for their value. The majority of our writers are native English speakers. As such, the fluency of language and grammar is impeccable.
What if I don’t like the paper?
There is a very low likelihood that you won’t like the paper.
- When assigning your order, we match the paper’s discipline with the writer’s field/specialization. Since all our writers are graduates, we match the paper’s subject with the field the writer studied. For instance, if it’s a nursing paper, only a nursing graduate and writer will handle it. Furthermore, all our writers have academic writing experience and top-notch research skills.
- We have a quality assurance that reviews the paper before it gets to you. As such, we ensure that you get a paper that meets the required standard and will most definitely make the grade.
In the event that you don’t like your paper:
- The writer will revise the paper up to your pleasing. You have unlimited revisions. You simply need to highlight what specifically you don’t like about the paper, and the writer will make the amendments. The paper will be revised until you are satisfied. Revisions are free of charge
- We will have a different writer write the paper from scratch.
- Last resort, if the above does not work, we will refund your money.
Will the professor find out I didn’t write the paper myself?
Not at all. All papers are written from scratch. There is no way your tutor or instructor will realize that you did not write the paper yourself. In fact, we recommend using our assignment help services for consistent results.
What if the paper is plagiarized?
We check all papers for plagiarism before we submit them. We use powerful plagiarism checking software such as SafeAssign, LopesWrite, and Turnitin. We also upload the plagiarism report so that you can review it. We understand that plagiarism is academic suicide. We would not take the risk of submitting plagiarized work and jeopardize your academic journey. Furthermore, we do not sell or use prewritten papers, and each paper is written from scratch.
When will I get my paper?
You determine when you get the paper by setting the deadline when placing the order. All papers are delivered within the deadline. We are well aware that we operate in a time-sensitive industry. As such, we have laid out strategies to ensure that the client receives the paper on time and they never miss the deadline. We understand that papers that are submitted late have some points deducted. We do not want you to miss any points due to late submission. We work on beating deadlines by huge margins in order to ensure that you have ample time to review the paper before you submit it.
Will anyone find out that I used your services?
We have a privacy and confidentiality policy that guides our work. We NEVER share any customer information with third parties. Noone will ever know that you used our assignment help services. It’s only between you and us. We are bound by our policies to protect the customer’s identity and information. All your information, such as your names, phone number, email, order information, and so on, are protected. We have robust security systems that ensure that your data is protected. Hacking our systems is close to impossible, and it has never happened.
How our Assignment Help Service Works
1. Place an order
You fill all the paper instructions in the order form. Make sure you include all the helpful materials so that our academic writers can deliver the perfect paper. It will also help to eliminate unnecessary revisions.
2. Pay for the order
Proceed to pay for the paper so that it can be assigned to one of our expert academic writers. The paper subject is matched with the writer’s area of specialization.
3. Track the progress
You communicate with the writer and know about the progress of the paper. The client can ask the writer for drafts of the paper. The client can upload extra material and include additional instructions from the lecturer. Receive a paper.
4. Download the paper
The paper is sent to your email and uploaded to your personal account. You also get a plagiarism report attached to your paper.
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET A PERFECT SCORE!!!