Going Global

Many have hailed the Beijing Olympics a success with its eye-catching, sophisticated stadiums and spectacular opening and closing ceremonies. The Olympics showcased modern China to the rest of the world and in many ways symbolized China’s arrival as a major player on the global stage. China’s emergence is based on a long period of rapid economic growth. However, the country’s status as a leading economy means it is no longer immune to international trends, such as the current economic slowdown in other regions or high oil prices. The Chinese...

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