Complete 5 page APA formatted essay: International Econnomics: China.na is one of the countries that constantly enjoy a well-developed economy, the above is a statement made by several scholars among

Complete 5 page APA formatted essay: International Econnomics: China.

na is one of the countries that constantly enjoy a well-developed economy, the above is a statement made by several scholars among them Silvia, who is a student in one of the universities in Mexico. According to the experts, it is true that China economy has been growing steadily with a growth rate of two digits for some time now. Frankly, the above statement is true, it amazes all the other nations in the world, and it is regarded as a miraculous economic growth. Evidently, China’s development is a foster to the commercial opportunity in the country. It follows that its development has in one way or another facilitated the attraction of the overseas investors who do not only invests but also run business in the country. It is also encouraging to realize that most of the products made in China is excepted worldwide, due to both high quality or low prices that they are branded with. Generally, China has participated actively in the rescuing the falling economic stability in the country and now they are one of the world’s stable economy.

China being one of the thrilling nations in terms of the economy, it has an excellent standing in the world. In the standings, according to observers sand researchers they affirm that china is second, behind USA in terms of economy. However, it is only 10% in dollar terms of the US economy. Fortunately, the low cost of production and cheap labor in the market, has facilitated Chinas’ development. It is clear from the ground, that the GPD of china shows that china has been maintaining a high rate of growth. It is noted that the GPD growth oscillates from eight to ten percent annually.

It is worth to note that the current inflation rate has been in record so that the country could maintain and monitor the required trend. For instance, in 2013 January there was a record of two percent (YU 110). According to China’s inflation rate, from 1986 to 1013, the inflation rate in China has been an average of almost 5.89 percent. The