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CHINA - A UNIQUE IMAGE IN A GLOBALIZED WORLD

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Author(s): Ioana-Iulica MIHAI | Camelia CHIRILÄ‚

Journal: Management Strategies Journal
ISSN 1844-668X

Volume: V;
Issue: 3(17);
Start page: 39;
Date: 2012;
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Keywords: Globalization | economic development | gross domestic product | economic potential | population

ABSTRACT
Globalization is an irreversible process that generates multiple effects on all countries in the world, regardless of their level of development. Like any social and political process, globalization cannot be considered an unlimited source of benefits, especially for the countries where labor productivity is very low, but it cannot be accused of all the evils that some social structures are required to overcome them. Intensively analyzed and monitored, globalization influences all directions of development of a national economy, from the economic to the political sector, from the social to the cultural and religious one. China is the best example in this respect, a country that describes an economic portrait painted in very vivid colors, highlighting its successes in launching a really impressive process of development. We may say that the main catalyst for the rise of China is considered to be globalization, a process that started two decades ago by the Western powers and the major multinational companies currently operating in the most global market in the world - the Chinese market.

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