1. The Role of China in a Globalized World
... " (Lu, Wen & Zhou, 2003 p. 3), which exceeded US$ 560 billion (Uberoi, 2008 p. 124). China also made full use of their demographic advantage and transformed themselves into an economic superpower (Uberoi, 2008). Aware of her budding potential in a billion-person marketplace, China attracts international powerhouse companies like Coca-Cola, Kodak and General Motors, to name a few (Guthrie, 2006 p. 64 ... ). As mentioned, China's emergence in the global economy also created opportunities and benefits for the rest of the world. Uberoi (2008, p. 124) states that China's growing economy provid...
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