Chapter 1. China
Brief Introduction of China Economic Condition 1.1 China Overall Economic Condition 1.2 Neoclassical Theory 1.3 New Economic Model 1.4 Limitation 1.5 Relation 1.6 Consumer Roles 1.7 Business Innovation and technology 1.8 Corruption
Chapter 2. Indonesia
Brief Introduction of Indonesia Economic Condition
2.1 Indonesia Overall Economic Condition
2.2 Optimistic Future
Chapter 3. ACFTA
3.1 ACFTA Timeline.
3.2 Indonesia and Chinese products
3.3 ACFTA impact on Indonesia
3.4 Indonesia-ACFTA policies
Chapter 4. Conclusion
1. China
1.1 China Overall Economic Condition China has been widely recognized as a super power nation in the future world economy. By playing multiple different roles, as consumers, suppliers, competitors, reformer (innovator) and provider of reliable human resources, China will reshape the world economy. China became a remarkable player by suppressing the production costs, improving technology and services, and has a strong and stable policy for advancing country. In fact, China economic grows so strong and so fast, it urged economists such as Paul Samuelson to advise the world to rethink about free trade policy and comparative advantage. China also encouraged the emergence of anxiety and debate about America's and other developed countries (G8) global competitiveness in the future.
1.2 Neoclassical Theory
Traditional economic theory emphasizes on efficiency, allocation and utilization of scarce resources in the most efficient and growth optimum way to produce a more extensive range of uses for the products and services. This view is also called as classical economic theory or neo-classical and it is still prevalent in many countries. More and more countries believe that the economy will grow faster and stable if they meet the requirements such as: sufficient capital in the stock market; the