China's Opening Process

China opening up its doors to the world has had a huge impact on its economy. The number of trade partners in the international market has increased, and along with that comes dramatic growth in the import and export business. Going away from the Autarky, pre-reform era, way of conducting business means a move in the right direction for foreign investors to move in and take advantage of cheap labor costs. This ultimately brings down the price of products returned to the retail markets in the United States.

China's Economy and Reforms

China has been working hard to change its image towards the world as a friendly place to conduct business. China is currently trying to get away from the Soviet Union economic model it emulated after CCP took power. The economic reforms put in place have allowed more foreign investments and trade to take place creating a far better economic environment for the people of China along with contributing to the global economy.

Population Geography

With an approximate current population of 1.3 billion, China and its economy is growing. Even thought China's current population growth is characterized as having a low birth rate, low death rate and a low growth rate, when you have a population over 1 billion a low growth rate is still growth. There has been attempts to slow down the population growth, like limiting the number of children one family could have. This is neither good for the people or for the economy. The population is seeing smaller groups of working age people due to this limitation which in the long run will harm the economy.