Analysis Essay Example | Topics and Well Written Essays - 1250 words - 2

Analysis - Essay Example China remains one of the economies with the greatest impact on other economies. This is attributed to the rapid growth rate growth rate of almost ten percent for the last ten years. The objective of this paper is to give a detailed analysis concerning the rise of china’s economy. In addition, the paper provides an in-depth analysis of the impacts of china’s economy on the United States. The economy of China grows because of a number of reasons. For instance, china’s substantial investment in infrastructure plays a key role in the growth of its economy. The many forms of transportation make trade easy hence improved local and international trade. For instance, the availability of railway transport system in China and other forms of transport help improve the economy of China. The rail network in China is now more than many countries in the world. The most important thing about this is that China keeps investing in infrastructure on a yearly basis. By the year 2006, China had overtaken India by eleven thousand kilometers that were the leading by then with sixty-four thousand kilometers. In addition, availability of water, power, drinking water, and irrigation in China surpasses many countries in the whole world. For instance, the development of China concerning these dimensions is three times that of India. Therefore, infrastructure development in China plays a significant role regarding its economy growth. China’s economy remains growing at a faster rate because of the increasing number of manufacturing industries. For this reason, therefore, China is the greatest exporter of goods in the entire world. In addition, China is also the second largest importer of goods. The growth in the export and import of goods in China shows its improved purchasing power. Furthermore, China being the least importer of services products gives a sneak preview of its