China (Economics) Annotated Bibliography Example | Topics and Well Written Essays - 250 words

China (Economics) - Annotated Bibliography Example According to this article, china joining the world trade organization was a significant boost of China’s economy. According to Zheng and Tong, the global economic slowdown poses a greater risk to China’s economy. It further notes that, despite the current global financial crisis, China’s economy still recorded 7.6 percent growth. China has achieved this through its effective use of information evolution, and the increased use of the same will enhance its global trading (Zheng and Tong, 2010). According to Nolan, the investors are deeply concern with slugging of China’s economy. He notes that this deceleration is pegged on global economic crisis and its sovereign debt crisis with Europe and United States economies (Nolan, 2001). However, the Chinese government is taking corrective measures towards these economic slowdowns. Lardy notes that, other global economic players influence China’s economy; therefore, its economic stability depends on the global security. Influx into this security would be a formidable challenge to China and other economies (Lardy, 2012). From this contribution, it is clear that the companies’ movement, industrial sector, trends, government policies, and micro and macroeconomic players influence the current China’s economy. Therefore, China’s economy is the influence by state and none state entities. Steinfeld notes that, despite China’s effort of expanding and restructuring its global and domestic economy, the China’s economy has not been a threat to the western nations (Steinfeld, 2010). Nonetheless, the China’s economy is threatened by global economic crisis and its sovereign debt crisis with Europe and United States economies. Despite, the increasing economic changes, especially to faster growing economies like China; it is advisable for such economies to identify all their current and future economic challenges and difficulties thereby addressing them with concerns to other global economic