This was great news for multinational enterprises because China has an enormous labor force that would not be subjected to unionized wages. In fact, the majority of the foreign direct investment ended up in manufacturing sector because the Chinese labor force provided those enterprises with unbeatable cost reduction. ...
The global population kept growing since last few decades, which cause a series problems. China is first identified when talking about the overpopulation problem. It is the most populous country in the world, as there are 1.3 billion populations (Connor, 2011). The Chinese Government have realized that they will need as much food in the next hundred years as it did in the last 10,000 years because of how much the population is expected to grow (McLeishm, 2009). The projections may or may not be true, but the population growth has had its impact on the nation. ...
Mao Zedong Mao Zedong rose from peasantry to become one of China's most historically significant political leader. While working in the Peking University library under Li Dazhao, Mao became a member of the CCP. His political ideology was formed in the 1930's when he rose to party leadership. Mao believed that China's Marxist revolution would be victorious for the peasant class. Mao's political platform included rousing the nation's masses to create a united front including the peasantry, the urban petty bourgeoisie, and national bourgeoisie. ...
China has been the scenario of political, social and economic turmoil during the past decade. The handover of Hong Kong to China on June 1997, after over a century and a half of British colonial rule, as well as China's recent accession to the World Trade Organization are milestones in our era. They...
