Preview

Mr.lawrence

Powerful Essays
Open Document
Open Document
1877 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Mr.lawrence
What does globalization mean for China’s Economic
Development?
Jianyong Yue - 24th May 2012

The dominant view now-a-days is that China has benefited hugely from globalisation, evident in its high GDP growth. Chinese companies are getting bigger and stronger. As a result, China is rapidly industrialising itself into an economic superpower. I challenge this prevalent view on the ground that globalisation has produced a double effect, not merely positive effects for the
Chinese economy. On the one hand, globalisation stimulates an export-driven high GDP by exploiting China’s comparative advantage in cheap labour; but on the other hand, it has impeded China’s industrialisation by locking in
Chinese enterprises at the low-end of the global value chain, preventing them from upgrading along the technological ladder.
As we know, China’s accession to the World Trade Organization (WTO) in
2001 was a momentous decision made by the top leadership. It was a big gamble for the Chinese enterprises, because prior to the accession, they were extremely weak in every measure compared with global firms (Nolan 2001;
2004). Furthermore, they were either not consulted or excluded from negotiations). Contrary to the conventional wisdom that China’s deep integration into the global economy is a natural trend of economic development; I would argue that it was not the economic success in the 1990s that naturally led to China’s deep integration, but the predicament in the country’s reforms and industrialisation that forced China to join the WTO at its earliest possible time to keep the economy growing. Premier Zhu Rongji stated it clearly to Stephan Roach, chief economist of Morgan Stanley in
March 2002; ‘If China did not join the WTO, it is impossible to restructure and sustain economic growth’.
The globalisation logic is that competition is the panacea. Competition will bail out the inefficient State-owned Enterprises (SOEs) and make them more competitive. The

You May Also Find These Documents Helpful

  • Good Essays

    Friar Lawrence's Mistakes

    • 398 Words
    • 2 Pages

    There are many people in “Romeo and Juliet” who attributed to their deaths. The first person to blame is Friar Lawrence because he trusted somebody else to deliver the message. The second to blame is Friar John because he was supposed to send the letter to Romeo stating that Juliet was not actually dead. The third person to blame is Tybalt was an angry person who fueled the events that happened.As a result, Romeo and Juliet would have maybe had a chance to live happy ever after if it wasn’t for those three people action.…

    • 398 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Mr. blanchard

    • 2199 Words
    • 9 Pages

    Marybeth Roe was born on September 11, 1942, in Duaneburg, New York. She was an average student at Duanesburgh High School and after graduation she worked at various jobs until she settled in as a nursing assistant at Ellis Hospital in Schenectady, New York. In 1963, at the age of 21, Marybeth met Joe Tinning on a blind date. Joe worked for General Electric as did Marybeth's father. He had a quiet disposition and was easy going. The two dated for several months and married in 1965. Marybeth Tinning once said that there were two things she wanted from life- to be married to someone who cared for her and to have children. By 1967 she had reached both goals. The Tinning's first child, Barbara Ann, was born on May 31, 1967. Their second child, Joseph, was born on January 10, 1970. In October 1971, Marybeth was pregnant with their third child, when her father died of a sudden heart attack. This became the first of a series of tragic events for the Tinning family. Jennifer - Third Child, First to Die. Jennifer Tinning was born on December 26, 1971. She was kept hospitalized because of a severe infection and she died eight days later. According to the autopsy report, the cause of death was acute meningitis. Some who attended Jennifer's funeral remembered that it seemed more like a social event than a funeral. Any remorse Marybeth was experiencing seemed to dissolve as she became the central focus of her sympathizing friends and family. Joseph - Second Child, Died on January 20, 1972, just 17 days after Jennifer died; Marybeth rushed into the Ellis Hospital emergency room in Schenectady with Joseph, who she said had experienced some sort of seizure. He was quickly revived, checked out and then sent home. Hours later Marybeth returned with Joe, but this time he could not save. Tinning told the doctors that she put Joseph down for a nap and when she later checked on him she found him tangled up in the sheets and his skin was blue. There was no autopsy performed, but his…

    • 2199 Words
    • 9 Pages
    Good Essays
  • Good Essays

    Friar Lawrence's Fault

    • 377 Words
    • 2 Pages

    Who is to blame?! There’s so many people who caused the chaos in Verona; the deaths of Tybalt, Mercutio, Romeo, and Juliet. But who actually caused it all? The world may never know... Could it be Friar Lawrence’s fault? The feuds between the two households (Capulet and Montigue)? Or Juliet’s parents in general? Well, you’ll find out soon...…

    • 377 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Friar Lawrence Selfish

    • 431 Words
    • 2 Pages

    Romeo and Juliet, written by William Shakespeare, has a character that is very oddly characterized. Friar Lawrence, proves to be trustworthy, yet selfish, and very cowardly. A friar is a member of a certain religious orders, so apparently, he’s supposed to be of most of the holy characteristics.…

    • 431 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Mr Smith

    • 3242 Words
    • 13 Pages

    The purpose of this unit is to provide you with the knowledge and understanding of employment rights; health, safety and security; how to work with others and how to manage and improve own work in a business environment. There are seven learning outcomes to this unit. (you can visit the website: www.direct.gov.uk). Please add examples relevant to your job role…

    • 3242 Words
    • 13 Pages
    Powerful Essays
  • Good Essays

    Mr. Dickson

    • 676 Words
    • 3 Pages

    * The gamma house had a week they called “Hell Week”, and that week would let them know if they get in.…

    • 676 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Mr. Moreno

    • 43722 Words
    • 175 Pages

    Judge: Gentlemen, we are here today to establish the truth among a confused Christian world.…

    • 43722 Words
    • 175 Pages
    Good Essays
  • Satisfactory Essays

    The first time we meet Friar Lawrence, he is talking about very deep ideas. He starts by talking about basic thoughts such as night becoming day and gathering herbs for medicine; however, as he continues talking, he says that everything on earth, man and plant, have two opposite sides: good and evil. He also says that too much of something good can become something awful. Likewise, something thought to be bad if applied in a useful way can become something of value.…

    • 287 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Mr. Hines

    • 890 Words
    • 4 Pages

    3. Research Question: What effect will the stressor have on heart rate (HR) and blood…

    • 890 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Dr. Marshall

    • 781 Words
    • 4 Pages

    Dr. Barry James Marshall is an Australian physician who is significant for discovering Helicobacter Pylori (H. pylori) as the most common cause of peptic ulcers. Scientists and physicians ridiculed Dr. Marshall for his idea at the time. During the time Dr. Marshall began his work, the scientific community agreed that peptic ulcers were the result of various phenomena such as stress, spicy food and the stomach overproducing acid. Scientists at the time also believed it was impossible for bacteria to survive in the stomach due to acidic conditions. Dr. Marshall is a pioneer in the field of Gastroenterology and he won a Noble Prize in Physiology/Medicine in 2005 for discovering the relationship between H. pylori and gastric illness (The Nobel…

    • 781 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Lawrence Ferlinghetti

    • 771 Words
    • 3 Pages

    Poets around the world are known as unique individuals. They are people who are able to put their feelings, emotions, experiences, and opinions into words. One of these unique individuals is poet Lawrence Ferlinghetti. He is a man whose poems are simple and speak easily. In Lawrence Ferlinghetti's poetry: confusion, love, culture, background, politics, and war in the world from the 1940's to the 1960's are all themes communicated in Ferlinghetti's poems. He is a poet who is able to use what he knows, believes and hopes for the world. Through three of his poems: "Dove Sta Amore", "A Vast Confusion", and "I Am Waiting", he is able to communicate the issues of his time. Whether the themes of his poems come from personal struggles or social struggles, Ferlinghetti communicates the issues at hand effectively.…

    • 771 Words
    • 3 Pages
    Better Essays
  • Satisfactory Essays

    mr franck

    • 463 Words
    • 2 Pages

    The number of Inventory days’ mean that how many days does the enterprise need, get starts from Inventory until Consumption and Sell. The date was slightly go down in 2011. The Inventory is relate with Cost of sales which was 71923 in 2011 and 63659 in 2010. In addition, the wholesale cost has increased 22.4% in 2011. This situation result in the cost of sales go up and the Inventory days became decrease. Generally, the faster inventory turnover could keep the inventory occupancy is lower and liquidity is stronger, in this way to push the Inventories are easily converted into cash. Compare with Super-Group, Ted Baker’s inventory days is longer. This mean that inventory turnover rate is low, and result in inventory cost increase.…

    • 463 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mr. Leon

    • 252 Words
    • 2 Pages

    I, the undersigned, am a legally authorized representative of Company X (company details below). As a legally authorized representative, I hereby confirm that BarTender label software, license XXXX-XXXX-XXXX-XXXX (license number below), is not currently in use.…

    • 252 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Mr. Lim

    • 438 Words
    • 2 Pages

    Assignment Coversheet ------------------------------------------------- ------------------------------------------------- Last name: LIM ------------------------------------------------- ------------------------------------------------- First name: JONG Phil ------------------------------------------------- ------------------------------------------------- SID #: 430027912 Student email: jlim2807@.uni.sydney.edu.au ------------------------------------------------- ------------------------------------------------- -------------------------------------------------…

    • 438 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Mr. Emmanuel

    • 349 Words
    • 2 Pages

    A written constitution is precisely a charter that has been codified, in that the rules and regulations that citizens must abide by are stated in a single document format.…

    • 349 Words
    • 2 Pages
    Good Essays