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China and Globalization - Referat
China and Globalization
China is the most populated country with its 1,3 Billion inhabitants.
It has plenty of cheap industry-workers, whose average earning 0,40 cent an hour is.
Of course it has many well educated ingenieurs and managers, too, but they don’t earn much money.
So Companies and Investors are attracted to invest their money in China because they are sure to make there high profits.
In the past the Chinese Communists didn’t let foreign companies in their Country, and ruled with an centralized political system.
But today China gets more capitalistic than it was ever before.
The government doesn’t own the whole market, it gets more free, the number of private shop and company owners grows and there always come new Investors from other countries.
Chinese products have a good quality and because of the cheap production they are bought in the whole world.
The companies in China are very competitive, because no one country in Europe or America can provide good products cheaper than China.
In the last times China gets more and more important for the world economy.
Last year all Companies invested in China 60 billions.
The investments develope new markets and make from China an industrial country like the countries in Europe.
The main industries are iron and steel, coal, machine building, textiles, cement, chemical fertilizers, footwear, toys, automobiles, consumer electronics, telecommunications and hardware.
China’s economy is growing every year , 2005 the GDP (gross domestic Product) was 9,1 % higher as 2004, this is twice as much as the USA.
Globalization lets China to get rich and gives a better position in the world.
But there are disadvantages,too.
-China is the most populated country with its 1,3 Billion inhabitants
-It has cheap industry-workers, whose average earning 0,40 cent an hour is
-So Companies and Investors are attracted to invest their money in China
-In the past the Chinese Communists didn’t let foreign companies in their Country, and ruled with an centralized political system
-Today China gets more capitalistic than it was ever before
-Chinese products are cheap and have a good quality
-The companies in China are very competitive
-Last year all Companies invested in China 60 billions.
-China’s economy is growing every year , 2005 the GDP (gross domestic Product) was 9,1 % higher as 2004, -this is twice as much as the USA
Vocabularies
billion-Milliarde
inhabitants-Einwohner
average earning-Durchschnittsverdienst
to attract-locken
foreign-ausländisch
government-Regierung
number-anzahl
competitive-konkurrenzfähig
to provide-anbieten
economy-Wirtschaft
to develope-sich entwickeln
GDP-Bruttoinlandsprodukt
twice-doppelt
sources: http://www.economist.com
www.wikipedia.de
http://globalization.about.com/cs/greatarticles/a/ChinaGZ.htm
http://www.chinese-embassy.org.uk/eng/dsjh/t27161.htm
Dieses Referat wurde eingesandt vom User: Silas
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