I need some help formulating a response on the major current economic events in china relating to the economic impact on growth and international resources and trade.© BrainMass Inc. brainmass.com October 17, 2018, 3:18 am ad1c9bdddf
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When we analyze current news for China in relation to their economic growth, we have to focus on the recent news that has developed within the past few months regarding the Chinese economy. China has the second largest economy in the world, second to the United States. The growth of the Chinese economy has been extensive in the past decade. This had several advantages, like fueling every aspect of their economy and greatly increasing the level of household wealth in the economy. Industries and investment alike reaped the rewards of the economic increase. However, as of April of 2012, it was reported that the Chinese economy was at the slowest growth rate that they have experienced in more than three years (BBC, ...
This solution discusses the major economic events in China relating to the economic impact on growth and international resources and trade.
Global Business Management: Issues in China
- Research the country (China)
- Identify the ultimate monetary authority in China (comparable to the Federal Reserve in the U.S., the Bank of England in the UK, etc.).
- identify the key monetary aggregates and interest rates that affect economic performance in China.
- Evaluate how the key monetary aggregates and interest rates in China might have an impact upon an American organization of which you are a board leader in its plans to function in that country.
-Does the growth in the monetary aggregates suggest that general prices will be rising more or less rapidly?
-Are changes in interest rates favorable or unfavorable to your organization's business purpose in that nation?
-Based on the country you choose where your company plans future Endeavor (China) are there other neighboring nations where your American entity already has experience which are key trading countries for your company, within the same region,
Finally if your company was to move into this new, additional, global location ( to distribute its products or services to a new pool of targeted customers in those countries) , what exchange rate and trade policies (quotas and tariffs) has your research established are in effect?
Quotas or tariffs which might either prove positive or negative to your purpose â?¦might facilitate or your plan to export your products or services?
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