Benefit from Globalization by Yudi Zhang https://padlet.com/yudi_zhang99/pzhbiukj3pep After China opens up the market, How does China benefit from globalization? en-us 2018-05-13 23:56:03 UTC 2025-10-20 01:11:53 UTC hello@padlet.com https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202140 Overall, China’s economy and globalisation have had a shared evolutionary relationship — China has been the biggest beneficiary of globalisation while it has, at the same time, attempted to adjust the tempo of globalisation to suit its own needs. If there is anything that can be learned from China and globalisation then it is the fact that China was able to make the right decisions at the right time.]]> 2018-05-16 13:16:14 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202140 China has achieved sustained high rates of economic growth after the implementation of the policy of reforms and opening up. https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202573 2018-05-16 13:17:15 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202573 https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202704 China has been able to become one of the leading industrial powers and opening up the market, they can now sell their products abroad, maximizing revenues and keep growing even more.]]> 2018-05-16 13:17:31 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202704 - the domestic market https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202735 - new export enterprises 
- expand exports]]> 2018-05-16 13:17:36 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202735 After China opens up the market it benefits from their exports. https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202759 2018-05-16 13:17:38 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202759 https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202844 China's domestic rate of consumption has increased at a very high rate.]]> 2018-05-16 13:17:51 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202844 China was able to make the right decision at the right time to globalize, allowing their economy to continue to grow. https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202891 2018-05-16 13:17:59 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261202891 They are creating new domestic consumer markets that help increase the rate of consumption between the Chinese population https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261203176 2018-05-16 13:18:39 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261203176 China’s domestic rate of consumption has increased at a very high rate, thereby creating a new domestic consumer market. https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261203486 2018-05-16 13:19:23 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261203486 https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261203516 China has been the biggest beneficiary of globalization at the same time, attempted to adjust the tempo of globalization to suit its own needs.]]> 2018-05-16 13:19:28 UTC https://padlet.com/yudi_zhang99/pzhbiukj3pep/wish/261203516