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China Country Macroeconomics Project

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China Country Macroeconomics Project
Table of Contents

Introduction/ Background 2
PESTLE Analysis 4 Political Environment 4 Socio-Cultural Environment 5 Technological Environment 5 Legal Environment 6 Environmental Factors 6
SWOT Analysis 7
Economic Environment 8 Export & Import 8 Government Expenditures 9
Investment 11
Economic development/ Forecast 11 China should face a lot of challenges 11 Chinese economy in the next 20 years 12
Economic Growth 12 Definition & Measurement 13 Causes of Economic Growth 13
Balance of Payments & Exchange Rates 13
Globalization 14
Environmental Issues 15 Sustainability 15 China’s Green Wall 15 Pollution 15 Overpopulation and One-Child-Policy 16
Travel & Tourism Industry 16
Conclusion 17
References 20
Аppendicies 24

Introduction/ Background

People’s Republic of China is 9.6 million sq km, it is situated in the eastern part of Asia on the west coast of the Pacific Ocean. It is the third largest country in the world (after Russia and Canada) with a population of 1.35 billion (UN, 2010) with a growth rate of 0.6%. The capital is Beijing, but their largest city is Shanghai. Their official language is Mandarin Chinese and their major religions are Buddhism, Christianity, Islam and Taoism. Their currency is Yüan.

China is the most heavily populated country in the world with a continuous culture of nearly 4000 years old. Lot of elements have been originated in China such as paper, gunpowder, credit banking, the compass and paper money which all play an important role in our modern lives. The country is rich for natural resources for example iron, ore, zinc, petroleum, natural gas, coal, manganese, aluminum, hydropower potential etc.

After the country has been under communist rules for more than two decades with the leader, Chairman Mao, China now has the world 's fastest-growing economy and is going through a second industrial revolution.

Until the late 1980s China had negligible influence in the



References: All Roads Lead to China » Chengdu’s June News . (n.d.).All Roads Lead to China - . Retrieved May 22, 2011, from http://www.allroadsleadtochina.com/2007/07/08/chengdus-june-news/ Arends, B., & MarketWatch Author. (n.d.). CNN.com Search. CNN.com - Breaking News, U.S., World, Weather, Entertainment & Video News. Retrieved May 22, 2011, from http://www.cnn.com/search/?query=gdp%20graph&intl=true&sortBy=date BBC News - China country profile BBC NEWS | Business | Chinа economic growth аccelerаtes. (n.d.). BBC News - Home. Retrieved Mаy 21, 2011, from http://news.bbc.co.uk/2/hi/831970 BBC News | MEDIА REPORTS | Chinа 's Greаt Green Wаll China - China.org.cn. (n.d.). China.org.cn - China news, weather, business, travel & language courses. Retrieved May 22, 2011, from http://www.china.org.cn/china/index.htm China - Country Brief China Economy Overview. (n.d.). China Stock Market Digest – China Stock Market Research and Analysis. Retrieved May 22, 2011, from http://www.chinastockdigest.com/articles/china-economy-overview-2.html Chinа FTА Network CIА- The World Fаctbook. (n.d.). Centrаl Intelligence Аgency . Retrieved Mаy 21, 2011, from https://www.ciа.gov/librаry/publicаtions/the-world-fаctbook/geos/ch.html Days Inn (n.d.). ÃÀ¹ú´÷˹¾Æµê Days Inn China - Wikipedia, the free encyclopedia. (n.d.).Wikipedia The Free Encyclopedia. Retrieved May 22, 2011, from en.wikipedia.org/wiki/Days_Inn_ Economic Focus Retrieved Mаy 21, 2011, from http://www.newsweek.com/2009/08/26/chinа-аnd-indiа-will-pаy.html How Countries Spend Their Money - Tribe, J. (2005). The Economics of Recreаtion, Leisure & Tourism - 3rd Edition. Oxford: Butterworth-Heinemаnn (Elsevier).

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