Issues in Global Business is a single-volume reference that offers relevant perspectives and explains impacts of current events such as COVID-19, Brexit, and immigration across industries and regions. Topics covered include the on-demand economy, global manufacturing, Bitcoin, data security, and more. Coupled with a comprehensive overview of the business landscape around the world by Dr. Mamoun Benmamoun, an assistant professor at the Boeing Institute of International Business at Saint Louis University, this book provides students with the essential information they need to assess business practices through an international lens.
Chapter 3: China’s Slowdown: Can its leaders navigate a soft landing?
China’s Slowdown: Can its leaders navigate a soft landing?
From SAGE Business Researcher, October 10, 2016
China’s headlong leap into the ranks of the world’s largest economies has slowed since the severe global recession of 2008, with real gross domestic product growth falling from 10.6 percent in 2010 to an estimated 6.6 percent this year. Chinese leaders are struggling to cope with the lower growth, along with rising debt, a loss of jobs to lower-wage countries and the need to institute more market-oriented reforms. The country’s difficulties have generated economic shock waves throughout the world, from financial markets in New York and London to commodity exporters in Brazil, Australia and ...