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Complete 11 pages APA formatted article: Chinas Business Practice. In relation to the current trade relations of the global nations, the People’s Republic of China has long been witnessed as the most
Complete 11 pages APA formatted article: Chinas Business Practice. In relation to the current trade relations of the global nations, the People’s Republic of China has long been witnessed as the most sophisticated market in the Pacific region. The strong economic performance and extensive resources have helped in enhancing the capabilities of the resources as well as global nations to expand its business subsidiaries across different locations in China. Additionally, the deregulatory policies in the trade relations and emphasized standards in the bilateral policy have also influenced the nation to create major opportunities for the foreign entrepreneurs in the form of increasing Foreign Direct Investment (FDI) in various vital resources of China (Morrison, 2015. 2011).
The extensive economic capability in the form of increasing growth of national income and annual Gross Domestic Product (GDP) dimensions have also been identified as few of the key factors of China to build strong international relationships with global nations, especially with developed countries. The steady performance in terms of maintaining robust growth in GDP up to 9.2% in 2009, 10.3% in 2010, 9.2% in 2011, 7.85% in 2012 and 2013, and 7.45% in 2014 has cumulatively attained considerable .of the foreign marketers to increase their investment in China. Despite the lower trend in GDP growth rate from the year 2009 to 2014, its strong trade relationship with the US has enabled the nation to sustain as one of the most emerging nations in the Asia-Pacific region (US Commercial Service, 2012). In this regard, the strong trade relationship between the US and China has successfully strengthened their bilateral agreement in both import and export transactions. The trade association between these two nations has led to an amount of US$100 billion in 2011 from US$91 billion in 2010 as export activities by the US to China.
