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kiengian86
How long do you think it will be before China becomes the world leader in business?
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WhoWee said:They will continue to grow their manufacturing base until they allow unionization, cap and trade, occupational and safety standards, anti-discrimination lawsuits, workers comp claims, environmental legislation, and all of the rest of the rules governing the free world.
rootX said:By 2040 I believe, they are passing Japan by 2010 in the terms of GDP. But their growth is unstable I believe.
WhoWee said:They will continue to grow their manufacturing base until they allow unionization, cap and trade, occupational and safety standards, anti-discrimination lawsuits, workers comp claims, environmental legislation, and all of the rest of the rules governing the free world.
China has been predicted to become the world leader in business for several years now. In 2018, a report by PricewaterhouseCoopers predicted that China would overtake the United States as the world's largest economy by 2030.
China's potential to become the world leader in business is due to a combination of factors, including its large population and workforce, rapid economic growth, increasing technological innovation, and government policies that encourage business development.
China's business culture is heavily influenced by Confucianism, which emphasizes respect for authority, hierarchy, and loyalty. This can manifest in a more formal and structured work environment, as well as a focus on building long-term relationships and trust in business partnerships.
Some potential challenges for China in becoming the world leader in business include its ongoing trade tensions with the United States, its aging population, and the need to shift from an export-driven economy to one that is more reliant on domestic consumption.
China is expected to excel in a variety of industries as a world leader in business, including technology, manufacturing, renewable energy, and e-commerce. China's government has also identified strategic industries such as artificial intelligence and biotechnology as key areas for future growth and development.