Search for Free 150,000+ Essays

Find more results for this search now!
CLICK the BUTTON to the RIGHT!

Need a Brand New Custom Essay Now?  click here

Made In China

Made In China

In the Article Made In China, John S. McClenahen it is made apparent that much of international business will pass through the People's Republic at one point or another. Many of the world's premier corporations and manufacturing have invested in the People's Republic at some level. By producing a year-to-year gross domestic product that exceeds 8% increases, the People's Republic is able to boast and show, they will have positive economic growth in years to come. While North America copes with the aftermath of terroristic attacks, the economy has declined into a recession forcing many investors elsewhere; such as China.

McClenahen refers to China as the "Best Business Climate," for the simple reason of China becoming a web of strategic mutually beneficial relationships. Many businesses are feeding off each other which has lead to be extremely attractive to additional manufacturers who are interested in generating import and export revenues. China's solid increase in economic growth has over the years and years to come has laid the foreground for an exceptional manufacturing site. Already producing a majority of the world's cellular phones and accessories, web development equipment, and electronic devices the People's Republic has no choice but to explode into a manufacturing icon.

Many US based organizations have become upset with the current volatile economic status that has come to be, in the wake of the September 11th tragedy, as well as the Enron scandal that has now out in the open. A majority of investors have become wary of their investments due to the instability of September 11th and the trustworthiness of accounting methods used in larger corporations. Investors have backed out, and stocks some stocks have plummeted leaving others to find new sources of investment. This is where the People's Republic fits tremendously with "The Perfect Business Climate."

The People's Republic is considered to be the "The Perfect Business Climate" for more than just one reason. A coastal arc of enterprises has developed from Shanghai extending to the Guandong province with companies that manufacture high quality products to be sold globally. Another reason for all of this industrialization of China is the constant supply of entrepreneurial and technical talents that are produced in the surrounding universities. It becomes very easy for larger more successful companies to attract new levels of engineering and technical coming directly out of schooling. This also makes for an efficient work force, students who...

Sign In Now to Read Entire Essay

Not a Member?   Create Your FREE Account »

Comments / Reviews

read full essay >>

Already a Member?   Login Now >

This essay and THOUSANDS of
other essays are FREE at eCheat.

Uploaded by:  

Date:  

Category:   Business

Length:   3 pages (663 words)

Views:   4197

Report this Essay Save Essay
Professionally written essays on this topic:

Made In China

View more professionally written essays on this topic »