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An Overview on Chinas Foreign Policy and it effects on Economic Growth Part 6 For Political Science 360 By Thomas Koperski 505-04-2778 The essay presented here is Part Number Six in the series of writing to discuss the relationship between China and the United States This essay in particular will look at how Chinas foreign policies have and will effect their economic future in the global community With the recent Chinese economic policies changes over the last few years the Chinese economy has moved the country into the world economy at full speed As proof of this Chinas gross domestic product GDP has risen to fifth in the world and its economy is increasing at over nine percent per year In 1979 the Chinese started to implemented various economic and political tactics to open the Chinese marketplace to the rest of the global community A few of the areas that the Chinas government has been developing are agricultural technology the medical market transportation telecommunications and the construction industry Chinese reform measures even anticipated the rush of foreign investment by opening newly expanded industries to out-of-country investors One of the steps that the Chinese government has done to facilitated this is its new visa polices reforms that they have instituted as presented in essay number two The effects of these sudden changes in economic strategy by a world power can be felt by practically every nation of the globe community involved in international trade The changes in the amount of imports and exports to and from China will increase steadily over the next few years The demands will be 1 on countless markets with products ranging from automobiles to petrochemical to pharmaceuticals and optical fiber This subject was partly discussed in essay number four Also with all the foreign investment China is receiving the Socialistic Republic will
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