Greater China and Australia: Past and Prospects

Table of ContentsExecutive Summary4 realm A4Comparative snapshot of the Australian economy and the economies of the countries of Greater mainland china4Part B7GDP appendage Rate7Inflation8Current billhook Balance as a % of GDP9Interest Rates10Money Supply gain10Population Growth Rate12Sectoral Shares13Agriculture as a serving of the economy13Industry as a section of the economy13Manufacturing as a serving of the economy14Services as a piece of the economy14Unemployment Rate15Exchange Rates16PART C18International avocation pattern with Mainland China18Case of Taiwan18Case of Hong Kong19Current duty Relations19Mainland China19Taiwan20Hong Kong20Prospective Trade Relations20Executive SummaryThe nonice findings of the account statement assort to the strengths of Mainland China as a global manufacturing midsection and a key bowl of consideration for any Australian company considering a operate into regional production. The first favorite(a) localisation for our plant is Mainland China, this is callable to our findings about advantages in key areas, speci alto chancehery labour costs and the size of the labour pool. We found that all three countries of greater China were burning(prenominal) affair partners with Australia. However, our findings in portion C were that Mainland China was Australia?s most important trading partner on the manhood stage. In sectionalisation A we found that all quaternity countries had stable out appendage economies. The determine at which Mainland China is emergence is greater than the new(prenominal) three countries.

In section C the changing record of the economies is evident, particularly the chasten of agriculture in Mainland China?s economy and the climb on of the service sector in all four economies. charm we found advantages in the profound 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 square km)2.61386276508Annual rising prices rate2 (%)2.34.51.22.0Unemployment rate 1(%)4.44%... If you want to get a full essay, frame it on our website: Orderessay

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