China attracted a record $52.7bn (£32.9bn) in foreign direct investment (hereby referred to as 'FDI') in 2002. The Chinese government made it easier for foreign companies to expand in China and entry into the World Trade Organisation (WTO) in 2001 has resulted in liberalization in some industries...

After 15 years of negotiation, and making maximum concessions to WTO members, China eventually gained accession to the WTO in 11th December 2001. The Chinese economy is now subject to the rules-based system of the WTO, enhancing economic competition and creating a more open environment for trade and...

During its brief time under British rule, Hong Kong has witnessed war, the rise and fall of empires, and has played a role in intrigues, big deals and diplomacy of global proportions. After 156 years of British rule, Hong Kong is again ruled by China. The change took place at midnight on June ...

Abstract The purpose of this paper is to present China as a nation that has gone through several economic phases until it reaches a point that has made several consider this country as a promising future power in the region. While Japan is falling into recession and much of Europe mired in one, grea...

If the freedom of speech is taken away, then dumb and silent, we may be led, like sheep, to the slaughter.¡± George Washington said these true and wise words at the time America was born. Carefully, our great American heroes of the past planned out the details of the nation that we now live in. Fr...

Per.1 Why was the Great Leap Forward a failure and how was the Cultural Revolution concept of equality different from the U.S.'s concept of equality as reflected by the "self-evident truth that all people are created equal? For decades China had been either at war with or occupied Jap...

The Nation Of America In the articleCultural Imperialism? Is No Joke,? Jeffrey E. Carten states that Americans are not really care about the way they dominate other nations by exposing their values, ideas and products. He particularly mentions people in other countries have already tried to limit A...