Coping with China
Date: January 20, 2003
Title: "Coping with China", FORTUNE
Author: Clay Chandler
Page: P.46-52
Summary:
China becomes the hottest topic around the world within this years; you can find that the rapid economic growth in China obviously, therefore, the competition of China in the future cannot be ignored!
Due to the admission of World Trade Organization (WTO), the future of China had been predicted as good as possible. Actually, the economic performance of China, in this …
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…increasing since 1970s, on contrast, the cost in China is much more lower than Hong Kong and the advantages of production in China is more than in Hong Kong now.
That's why people around the world are calling China "the workshop of the world"; it shows that China can replace all the countries in Asia in the future. China likely to be the new reality and make a new world order in the coming years!
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