1. The Role of China in a Globalized World
... drive. Hutton (2006, p. 18) argues, "[t]he Chinese market itself is an opportunity for western producers". A significant example would be the import of goods worth trillions of US dollars in a period of 27 years (Uberoi, 2008 p. 124). The status of China as the 'world factory' made the Americans " relocate [their] domestic and labour-intensive industries" to China, which then develops ... p. 3) reports that "China will account for some 40 percent of the increase in developing country imports ... [up to] 2020, helping to drive growth in world trade". Being an ultramodern nation, Chin...
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