ABSTRACT

China has been evaluated as the market with the highest investment potential in the world. In addition to its cheap labor and improved technology, the liberalization of its trade and investment leading to a flood of exports of inexpensive high-quality products, China is becoming a center for manufacturing industries and a key regional base for global distribution. China has emerged as the “world’s factory” for both low-tech and high-tech foreign firms. American companies continue to move into China, seeing its people as a huge future market, a “goldmine.”