China Emergence into Becoming a Global Commercial Leader and Its Economic Super Power to Influence the Global Economy
VerifiedAdded on 2022/11/09
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AI Summary
This study covers factors that have caused China to emerge as a leader of global commerce and its super power to influence the global market. It discusses the reasons that have shaped the Chinese economy to earn huge revenues by usage of several macroeconomic parameters such as trend in inflation, interest rates, employment rates, GDP per capita, purchasing power parity and overall GDP. Statistical tools are used to establish the key findings of the paper in relation with correlation coefficient, sampling, Balance of Payments and interpret the sectorial growth of China and US in the coming years.
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