Greater China and Australia: Past and Prospects

Table of ContentsExecutive Summary4 realm A4Comparative stroke of the Australian scrimping and the economies of the countries of greater China4Part B7GDP Growth Rate7Inflation8Current billhook Balance as a % of GDP9Interest Rates10Money bring out Growth10Population Growth Rate12Sectoral Shares13Agriculture as a percentage of the economy13Industry as a percentage of the economy13Manufacturing as a percentage of the economy14Services as a percentage of the economy14Unemployment Rate15Exchange Rates16PART C18International avocation pattern with Mainland China18Case of Taiwan18Case of Hong Kong19Current Trading Relations19Mainland China19Taiwan20Hong Kong20Prospective Trade Relations20Executive SummaryThe pigment findings of the report assort to the strengths of Mainland China as a globular manufacturing center and a key area of consideration for any(prenominal) Australian company considering a move into regional production. The outset preferred localisation for our plant is Mainland China, this is due to our findings about advantages in key areas, speci altogethery labour costs and the size of the labour pool. We plunge that either triad countries of greater China were burning(prenominal) trading partners with Australia. However, our findings in fragment C were that Mainland China was Australia?s most burning(prenominal) trading partner on the world stage. In division A we found that all intravenous feeding countries had stable summons economies. The regularise at which Mainland China is growing is greater than the new(prenominal) three countries.

In section C the changing record of the economies is evident, in particular ! the decline of agriculture in Mainland China?s economy and the rise of the service sector in all four economies. While we found advantages in the legal and governmental stability in Taiwan and Hong Kong, we concluded in section D that they could not compete with the cost advantages in Mainland China. Part AComparative snapshot of the Australian economy and the economies of the countries of Greater ChinaAustraliaMainland ChinaTaiwanHong KongPopulation 20,600,8561,330,044,60522,920,9467,018,636Population growth rate (%)10.8010.6290.2380.532Population density(persons per unbent km)2.61386276508Annual inflation rate2 (%)2.34.51.22.0Unemployment rate 1(%)4.44%... If you want to get a rich essay, order it on our website: OrderCustomPaper.com

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