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Thread: What “business” explores Chinese Economy?
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[quote=APAULT,39120]Western countries in general teach, and the media say, that China has a fast developing economy without understanding how much impact this has on other economies. Few people have realised that China is effectively already the dominant country in world trade simply because of the impact it is making on demand for raw materials and westrn technology. So no, this is not being taught. In the future it needs to get away from the emphasis on cheapness of exports to an emphasis on quality, but that will come in time. As an extra comment, Australia is an economic province of China. It is one of the cheapest developed countries because of its trade relationship and currently in a boom for the same reason. If China's economy slips, so will Australia's. Success to China, I say !!![/quote]
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