China's Expertise in Exports and International Trade

Case study

TABLE OF CONTENTS
Q1 ....................................................................................................................................................3
Q2.....................................................................................................................................................4
Q3.....................................................................................................................................................5
REFERENCES................................................................................................................................8

Q1
The main features of goods that typically China is expert or prominent is electronics, data
processing technologies, textiles, clothing and much more. Also, all electronic goods that are
sold in the market consists of use of technology that makes working of the individual easier
along with providing them in the minimum prices and rates. Furthermore, in certain reports it
was found out that electronics industry accounted for the largest share in China exports. Also, the
major reason for this was because most of the electronics items were made through the export
processing mode. Further this was method where all the internal parts or components of any
particular items were imported for simple assembly and the later these were exported in very
minimum time-frame to various regions. Moreover, China has various type of goods and the
services that it is specialized into such as steel where large amount of the steel in form of raw
material is been exported to other countries thus enabling the country to experience rise in GDP.
Also, there are various number of trading partners that helps China to export various
goods easily from one place to another. Moreover, in recent era China was also known for
world's biggest new car market where latest designs cars with unique features and look are seen
made to be exported worldwide available in various ranges. Apart from the most known other
products that are part of the China are the textiles that includes all varieties of apparel and shoes.
Also, based on US-China Business Council, inexpensive labour and material have allowed the
China to dominate the world market of textiles. Further, it is mostly known for its silk that it is
considered to be strong, lightweight and naturally beautiful. However, in spite of various
products that china sold it is not able to build strong goodwill worldwide due to the quality
standards issues, mistakes in certain of making part and process of goods and much more. Also,
it is said that china is also specialized in manufacturing large number of furniture including the
machinery to manufacture it. Although, it is goods in exporting various goods it also imports
copper, cotton, aluminium, cements etc. for various purposes. Also, it world second largest
consumer of oil. Moreover, being the largest exporter of the may goods China is not being able
to derives the success from its products due to the lack of adequate amount of skills that is
required for the international levels of production for supplying various goods. Also, China has
now entered the in field of supplying high end medical products along with more complex office