With a strong economy comes great expansion and a better lifestyle. This concept has remained true throughout history, countries with strong finances can stay afloat and offer their citizens a good lifestyle compared to countries where the economy is weak and underdeveloped. Countries like China are highly developed and have strong finances, mainly due to the mass production of goods that are exported to various countries around the world.
From candles to automobiles, China manufactures all the parts needed to make things work and secure jobs within its domain, which is why this country has seen an increase in the number of foreigners traveling there to get a better job compared to . those obtained in their country of origin. If you already assumed that the people who go to work in China come from third world countries, then we need to reassess our understanding of the Chinese market, the fact is that most of the workers who travel to China in search of better opportunities include people from rich countries like the US, Japan and Korea (south).
The main Chinese cities that foreigners visit to acquire good positions and do business include: Shanghai, Beijing and Guangzhou; Each of these cities has a developed business district where highly educated foreigners can put their knowledge to good use in industries such as manufacturing, software development, service, and information technology.
Routers reported that during the second quarter of 2007 China’s GDP growth increased to 11.9%, which is the fastest pace of growth seen since 2005. China’s credit growth also accelerated sharply. At the end of 2006, about 180,000 registered foreign workers were reported to be operating in China, which is an eye-opening number compared to previous years.
The figures quoted above do not include people teaching English as a second language in this country, if we were to include those with work permits and other businesses the numbers would be huge indeed. During 2008 the economy of this country is expected to grow an additional 8.7% compared to 2007, maybe not compared to the second quarter of 2007, but it is certainly strong growth considering the current global economy. China’s economy is thriving due to its highly commercial orientation in the global market and will continue to do so if all else remains constant.