1. globalisation-china
China currently ranks seventh strongest economy on a global scale. ... As these reforms began to stabilise in the Chinese economy, more goods appeared in shops and wages increased for several years. ... The emergence of a financial market has also occurred due to globalisation, as China is looking much closer to a market economy. ... China's economy faces massive infrastructure problems, such as insufficient telephones, inadequate transport, energy shortages, poorly developed schools and hospitals and much more. ... This emphasizes a market economy and shows China's ever integration ...
- Word Count: 2010
- Approx Pages: 8
- Grade Level: Undergraduate