The evolution of the Chinese economy, even after the Economic Reform in the late 1970 s, has been presented with numerous obstacles. According to the published studies by Max Lu, Y. Wei and Tim Oakes, co-incidentally, the utmost devastating challenge by the growing Chinese economy is its regional disparities. Although they initiated their studies from different angles, they did walk their readers through the process of recent Chinese economic reform, and paid even more effort in elaborating on the issue of regional inequalities. In his article, , Max Lu offered a very detail account of economic development of China, prior and after the Economic Reform, which started in the late 1970! |s. Evolving from centralized planned economy, China has arrived in a state of regional inequality by means of specialization and imitation.
Shifting of political winds may relocate the centers of hottest economic growth, however, these growth remain regional. by Y. Wei, tells the same story by employing more detailed report of historic events and statistics. From the Mao era to the modern China, policies were discussed and data were charted to give a much-elaborated report of how the Chinese economy was developed regionally.
Differs from both of the previously discussed articles, Tim Oakes! | observed the issue of regional inequality through the window of! S SHuman Rights!” with a comparatively more microscopic glimpse into the different policies and their underlying philosophy. All three authors agreed unanimously that the issue of! SSregionalism!” , how inevitable as it may be, is an enormous economic and political challenge to the Chinese Government. However, Max Lu and Y. Wei approached the issue in an extremely objective fashion that lacks dimensional examination. By being a foreigner and adopting a foreign perspective, namely an American perspective, Tim Oakes offer a new dimension in approaching the particular issue of! SSregionalism!” — – Human Rights of the working people. Tim brought the issue of! SSregionalism!” onto the table of the global marketplace, and successfully added width rather than simply depth in his discussion.
The Essay on Chinese thrilling economy
One of my Chinese class-fellow persuaded me to accept that China is emerging as a world super-power. He tried to convince by proving arguments that were based on misconceived notions. He also provides certain facts about Chinese thrilling economy, military might, its geo-strategic location. He further told me that China is capturing the world markets and heavy investments from world over are ...
Speaking of a global perspective, the issue of regionalism should not be an exclusive challenge to China. Any country of scale should have experienced such inequality between its geographic regions economically. For example, the issue of Quebec! |s quest for independence in Canada, and yet, at the same time, the Western and Maritime provinces! | request for more financial and ultimately political autonomy. Although the issue of regionalism is very much economical in nature and political in action, it is also a social and ultimately a cultural crisis. It is extremely convenient to assume all people within the same country share essentially the same social and cultural background. However, this is never true in the real world.
People are made up by individuals. The above simplistic assumption is even more erroneous when the subject country is China. Closer study of the human geography of China will reveal its cultural richness or ambiguity. Historically, China is a melting pot of a variety of ethnic groups, whom share little culture and, more importantly, language. Social and cultural differences are importantly variables when studying geography. Unfortunately, in all three of the afore-mentioned articles, Max Lu, Y.
Wei and Tim Oakes had overlooked these differences, and assumed China as a single! SS economic!” group — – a single economy. They disregarded the more important underlying aspects of the changing geography of China; therefore, they had concentrated only on the political and economic dimension of the developing China. The fundamental challenge of the developing Chinese economy is not only about adopting Capitalism versus Communism, Despotism versus Democracy, Collectivism versus Individualism, Centralization versus Privatization; it is about a more delicate balancing of resources between the geographically, socially, and culturally diversified Chinese people.
The Essay on Social, Cultural, Economic, Legal And Political Conditions
Many aspects affect the way international business is conducted. Differences in the social, cultural, economic, legal and political conditions of the country affect international business procedures in different levels and degree depending on the countries infrastructure and relationship. Social differences range from a country’s income per consumer, literacy rates, religious beliefs and ...