International Journal of Business and Social Science

ISSN 2219-1933 (Print), 2219-6021 (Online) DOI: 10.30845/ijbss

 

Is People’s Republic of China poised to dominate the world trade in the near future?
Dr. Yueh-shian Lee, Dr. Weng Kun Liu

Abstract
China’s great potential from large domestic market, low cost labor, improved infrastructure, and attractive environment for foreign direct investment, large amount of export and import and political stability are the keys to China’s successes. China’s strengths provide the country to dominate the global trade in the future. Nevertheless, Chinese government has to consider issue such as rural and urban disparities, banking system, taxation, corruptions, safety and labor standard and other competitors; these issues are obstacles in China. The government has to deal properly with all kinds of complicated situations in order to maintain excellent economic growth in the near future.

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