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China is on track to become the world’s largest economy in coming years. Research the implications of this development and draft a document addressing the following:
What would be the impact of China’s economy on:
The world trading system
The world monetary system
Western-based global corporations
How might the concepts of guanxi and guanxiwang come into play?
Are there any ethical considerations for a western business?
Discuss three cultural tips for US businesspeople doing business in China.
Please provide your answers in a 3- to 4-page Microsoft Word document.
 
Support your responses with examples.
 
Cite any sources in APA format.
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Analyzed the implication of China’s development on the country.
Analyzed and described the impact of China’s economy on the world trading system, world monetary system and western-based global corporations.
Analyzed and justified the reason that brought guanxi and guanxiwang into play. Analyzed whether any ethical considerations exists for a western business.
Discussed three cultural tips for US business people doing business in China.
 
Used correct spelling, grammar, and professional vocabulary. Cited all sources using APA format.

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