1 The Chinese Birdcage -- 2 Western Triumphalism -- 3 China as the World's Factory -- 4 Housing Bubbles across the … 1980s, China quickly became the world’s factory floor...but powerful political leaders envisioned a world in which the … market economy would be trapped within the confines of a planned economy. With China’s admission into the World Trade …

The concept of globalization refers to the growing interdependence of countries, resulting from the increasing … process are the international trade and the cross-border investment flows. Economic globalization has increased the … specialization of workers, while the companies compete in global markets. Even globalization has recently become a common topic in …