Chinese Economy

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“The opportunities and challenges of the Chinese and Mexican economy in the future”

Chinese Economy
Teacher: Andong Zhu

Valeria Lozano Padilla
December 5st, 2012
Introduction

Nowadays, China is one of the most important countries in the world. It is the world´s second most powerful economy and it is growing day by day. As we know China has have an enormous increase since the last 30 years, that´s thank for the Mao’s mandate; he start to promote an independent nation which can grow even without the foreign investment, but after his death everything changes to an open nation, increasing the international trade and accepting the foreign investment. On the other hand, we have Mexico which is a country with a stable economy, but similar to China in some things. For example we also were close-doors to the international trade. We started to interchange goods to the whole world still 1994, when Mexico entered to the GATT (General Agreement on Tariffs and Trade). In this time we began to increase our economy more than other past years. My intention in this work in make a comparison between the actual Chinese and Mexican economies, and integrate some possible challenges and opportunities that this both countries can have now days and in the future. The opportunities and challenges of the Chinese and Mexican economies in the future. To start talking about the future of the economies of these both countries first we have to see the present of that. We have to have a clear panorama about how are going those countries and which are their changes in the actuality. Firstly I am going to start talking about China. As we now, in the last 30 years, the rate of Chinese economic growth has been shocking, averaging 8 percent growth in Gross Domestic Product (GDP) per annum. But now the situation has been changed. For example, CNN said that China's economy grew 7.4% in the third quarter compared to the last year, marking a deceleration from a 7.6% growth rate in...
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