Regional alliances and economic integration
Russia, USA, East Asian Nations (Australia, Japan, Philippines, Singapore, South Korea, and Thailand) is part of the regional alliances. Economic integration is China is growing at an extremely fast pace and needs to open its market up to imports. The physical environment and its effect on trade China accounts for 23% of world population, is the third largest country, third largest diverse population, Communists country, and has an increasing effect on global trading. Political stabilityChina is currently the most stable country, but is also considered a growing country. This is due to the majority of Chinas population earning less than poverty. Compared to established countries such as USA, Japan, and United Kingdom China is still in the process of establishing its presence. China also exports vast amounts of goods, imports very little, and is self reliant. Economic conditions
The global recession has slowed down Chinas economic growth by effecting investment demand which has weakened. The global recession has also increased difficulties in production, and is responsible for falling revenues and profits for businesses. Finance options availablePrivate investors and banks such as the Central People’s Bank of China are available options for financing. Social, health, and environmental conditionsEnvironmental conditions are suffering dramatically due to the overwhelming amount of pollution China generates. Chinas ability to sustain such pollution by setting regulations and enforcing such regulations has not kept up with the growth of China. Such pollutions are air pollution, diminishing biodiversity, fisheries deletion, invasive species, land degradation, soil erosion, and water pollution and shortages. Health conditions have improved increasing life expectancy and decreasing infant and maternal deaths. However, hospitals are over crowded and are unable to provide quality and quantity care. Hospitals and service providers depend on user fees and profits from drug sales for most of its income, thus making healthcare reform a priority for the government. Chinas social conditions are residents living in the city earn almost four times that of someone living in the country. The urban-rural income inequality is the worst in the world. The same holds true for the differential in life expectancy, literacy rate and regional imbalances. Great amount of protests have turn violent due to such valid grievances by residents of China. Terrorism threatsPresent but not uncontrollable. Is not a major target for terrorist’s plots? Part B Country Analysis
China is for the most part politically stable. Since 1979, China has been trying to put together a proper legal system which has resulted in political problems. “After the Cultural Revolution, China's leaders aimed to develop a legal system to restrain abuses of official authority and revolutionary excesses. In 1982, the National People's Congress adopted a new state constitution that emphasized the rule of law under which even party leaders are theoretically held accountable (U.S. Department of State, 2009).” Economic Conditions
China is a heavily populated country and is one of the largest countries for global manufacturing. “China has become a preferred destination for the relocation of global manufacturing facilities. Its strength as an export platform has contributed to incomes and employment in China (U.S. Department of State, 2009).” The people in this country work hard and have made this country the largest in agricultural and industrial sales. The growth of new businesses has outpaced the government’s ability to regulate them so this causes problems in the economy. Businesses have a lot of competition with poor oversight so they have to take major steps to increase their profit margins and this means at the...