Manufacturing History:
China’s Industry Development

China manufacturing industry analysis is based on understanding production development and history.
30
Dec

Manufacturing History:
China’s Industry Development

China’s professional manufacturing history dates as far back as 100 BCE. In this era, trade took place across a route called the Silk Road. Consisting of a large scale network of transport routes the purpose was to connect China with India, Persia and the Roman Empire. The Silk Road facilitated trading in many commodities, such...
Read More
Labor Costs
10
Sep

Labor Costs in China:
Implications of Rising Wages

China labor cost is a key driver in production–an area China is well known to hold a competitive advantage. However, China’s economic growth has reduced this luxury as the manufacturing workforce has experienced yearly rising wages in China. From 2006 to 2014–a period of only 8 years–wages in China manufacturing field tripled. Such growth of...
Read More
chinese currency
08
Jul

Yuan & Renminbi:
China’s Monetary Policy Basics

Over the last decade, there has been a lot of discussion about the Chinese monetary policy, especially the Chinese currency – the Yuan – officially known as the Chinese Renminbi (“the people’s currency”). A few precursor currencies in China also used the term Yuan as early as 1889, which were often connected to different colonial powers. However,...
Read More
Trade Cycle
08
Jul

Business Cycle in China:
Decreasing Growth Rates

A trade cycle is an economic theory showing how the growth of a country can be classified depending its current phase. Generally, four phases occur: the boom, the peak, the recession, and the recovery. The boom is a period of high growth causing inflation, whereas the peak is when growth begins to stagnate at the...
Read More
Research and development China
08
Jul

Research & Development in China (R&D):
Advancing Scholarship

The rise of China is not limited to the role of a momentous economic powerhouse and the outlook to become the dominant economy globally. It should come as no surprise that this rise has seen the increase of various other related aspects of development. China’s overall spending for research and development (R&D) has increased across...
Read More
Economic Liberalization
08
Jul

Economic Liberalization:
The Chinese Economic Reform

As countries develop over time and grow economically, they change with the challenges that come with this. China’s liberalization comes into play in the scenario of relaxation of government restrictions in many different areas such as social, political and economic policy. China has been no different in this regard, significant Chinese economic reforms regarding government...
Read More
08
Jul

Balance of Trade:
The China Trade Surplus

The balance of trade is ultimately the discrepancy in the level of a countries exports and imports. A country importing more than it exports has a trade deficit—highlighting its reliance on the external economy. A negative balance of trade ties a nation’s currency more directly to foreign nations which may lead to negative external shocks...
Read More

Wiki Search

Do NOT follow this link or you will be banned from the site!