Words of Wisdom:

"Spell check is overrated" - Brendanpec

Economic Blooming from Political Repression

  • Date Submitted: 06/07/2010 09:14 PM
  • Flesch-Kincaid Score: 36.9 
  • Words: 579
  • Essay Grade: no grades
  • Report this Essay
Economic blooming from political repression
Nowadays we look more and more at the expanding Chinese market and how the Chinese economy is growing faster and getting bigger, we are amazed by their way of training their employees, by their way of entering the international market and now we almost fear their always growing power in the international market. There is no doubt that china has taken its strength from the strong communism era, and has joint it in an unique way with the western way of doing business, from this we see the fierce of this new economic power, and the blooming.
The American, an online magazine of ideas, describes the China model as the union of two components:
“The first is to copy successful elements of liberal economic policy by opening up much of the economy to foreign and domestic investment, allowing labor flexibility, keeping the tax and regulatory burden low, and creating a first-class infrastructure through a combination of private sector and state spending. The second part is to permit the ruling party to retain a firm grip on government, the courts, the army, the internal security apparatus, and the free flow of information.” ( Rowan Callick)
Thanks to the “kai fang”, an open door policy, that allowed international firm to invest in the new China, and that allowed the mass population to start focusing on savings and under the market price stocks, China has been raising its bar. Slowly, we saw a shift from a closed door country to a hungry population willing to be a part of the new global market. Even though China had left the communism, for the first part of the open door policy, the government had high control over the international companies that slowly were taking shares of the Chinese market, but at the same time those Chinese manager were learning a new way of doing business, and understood the shift that was taking place. In the mean time those communists’ values have been changed into nationalists’ notes and were keeping...

Comments

Express your owns thoughts and ideas on this essay by writing a grade and/or critique.

  1. No comments