Saturday, 13 August 2011

The People's Republic of Capitalism

China is one of the most important investment markets in the world these days, already it is the world's second largest economy, so whether you know it or not, you're probably already investing in China and doing business with China and reaping the threats and opportunities of this dynamic and fast growing emerging market.  This documentary takes a particular look at the transformation of China's economic, political, and social system, and examines how finely interlinked China's prospects and business is with the US. Well worth a watch for anyone interested in emerging markets, global economics, globalization, international business, or those who are just curious about China.

The American and Chinese economies are irreversibly intertwined. The common complaint that the Chinese are taking jobs away from American workers is in many cases true. China's cheap and abundant labor attracts manufacturing from all over the world. Still, American economists estimate that the U.S. is as much as $70 billion richer each year because of its relationship with China —something must be going right.



Finance Documentaries: http://www.financedocumentaries.com/2011/08/peoples-republic-of-capitalism.html

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