Article Abstract:
The integration of China's diverse market economies in Asia into a single Greater China is predicted to signal the emergence of the next major economicsuperpower. Center for the Study of American Business Director Murray Weidenbaum discusses the circumstances that may contribute significantly to China's surpassing of Japan's economic success. Leading in economic growth, industrial expansion and export development, China has the potential to single-handedly lead the world into the 21st century. However, a closer examination reveals several uncertainties such as the unstable political relationships with existing territories and the lack of direction toward political integration. China's establishment of stable relationships with neighboring economies may result in the creation of a Chinese Common Market regulated by agreements similar to the North American Free Trade Agreement and the possible development of an organization equivalent to NATO.
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Article Abstract:
The US Census Bureau will send questionnaires to over 3.5 million business organizations across the country for the 1992 Economic Census. The economic census is undertaken every five years to identify business trends essential to the measurement of the country's economic growth. The questionnaire includes items soliciting information on such issues as employee number, annual payroll and value of goods and services offerred in 1992. Response to the Economic Census questionnaires is mandatory.
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Article Abstract:
China's almost guaranteed 2002 admission into the World Trade Organization will profoundly affect business in Hong Kong. In turn, this will have a marked effect on the accounting business in that country, where CPAs must anticipate growth trends, changes in foreign investment, and have knowledge and experience of both Chinese and international language and business culture.
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