China a High Performing Economy

__________________________________________________________________________________________ China: A High Performing economy Boston University __________________________________________________________________________________________ Abstract The purpose of this paper is to present China as a nation that has gone through several economic phases until it reach a point that has made several consider this country as a promising future power in the region. While Japan is falling into recession and much of Europe mired in one, greater China has the fastest-growing regional economy in the world. Growth rates in greater China …

…one hand, China's economic growth has made it an increasingly important trading partner for many nations. On the other hand, China's trade barriers, failure to adopt most multilateral rules on international trade, and the relative absence of the rule of law for business activities have often proved to be major barriers for doing business in China and have been the cause of growing tensions with various trading partners, especially the United States (Yifu, 1998). Currently, China