One of the reasons that China's GDP has been growing at a yearly average of ten percent for the past two decades is the large amount of Foreign Direct Investment coming from Hong Kong, Taiwan and the West. However, China's GDP growth rate dropped to 8.7 percent during 2012 with a slow down in export growth from 26% to 7%. A lot of economists started to doubt that this might be the end of the phenomenon of the Chinese export miracle. With other developing countries emerging in East Asia, many investors have begun to consider moving their factories and investments out of China and into...

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• Approx Pages: 11
• Grade Level: Undergraduate