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Internal And External Factors Affecting China's Economic Growth

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China is considered as the top emerging country in Asia because of their fast economic growth and their economy continue to grow because of strong markets and strong foreign direct investment, technology, manufacturing and production. The economy of China is the second largest worldwide in terms of Purchasing Power and Gross Domestic Product with seven percent to nine percent growth rate average per year (See index below). Their strong economic performance is highly encouraging Foreign Direct Investors (FDI), small and medium business, entrepreneurship development and export trading. China also maintains strong production of steel, textile and other manufacturing products (Business Reference Service, 2012). One of the significant strategies …show more content…

There are also several controversies that also ruin their strong economic stability that this also hinder some foreign direct investors to think twice about investing and seek opportunities in their country. This report will focus more on the internal and external factors that are preventing the strong growth of China and give answers to the question of what are the factors that are hampering their growth? The significance of this report is the critical evaluation of the economic performance of this country to understand their weaknesses or strengths and identify the factors that challenges or threatens the economic stability of this …show more content…

Yet, in response to this piracy and “Made in China” controversies the government also responded that are doing their part to conquer the battle for piracy, they also express their annoyance to the media that their report is just an exaggeration of facts. According to their Vice Premier, Wu Yi, the media are damaging their reputation (Philips & Bostian,

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