It is very astonishing to see what China has achieved so far. Thanks to Mr. Deng Xiaoping, who decided to implement the great Reforming and Opening Policies which established a significant base for further development and communication with western nations. I once talked to a student from Portugal and I asked why he decided to learn Chinese. He gave me the most unexpected answer. He said, “Because Deng Xiaoping! He’s a great guy, truly, I respect him a lot, but I also hate him because he made China today, so strong and so beautiful that I HAVE TO learn Chinese to know her better!”
Look at some incredible facts about China’s rising economy.
Alibaba Group, founded by Jack Ma, was estimated by The Economist magazine to have a valuation between $55 billion to more than $120 billion. It’s online shopping website Taobao, is one of the world’s top 10 most visited websites according to Alexa. For the year ended March 31, 2013, the combined gross merchandise volume (GMV) of Taobao Marketplace and Tmall.com exceeded 1 trillion yuan.
In 2005, Chinese computer maker Lenovo completed its $1.75 billion purchase of IBM’s personal computer division, creating the world’s third-largest PC maker. The deal — one of the biggest foreign acquisitions ever by a Chinese company — is expected to quadruple sales of Lenovo Group Ltd., already Asia’s biggest computer maker. 5 years later, in 2010, Chinese carmaker Geely Holdings Group completed its $1.8 billion-buyout of Ford Motor Co's Volvo unit, which is another landmark foreign acquisition by a Chinese company.
As you can see, China is an emerging market for global business, where a bunch of opportunities are available here. With a rising economy, more and more Business Schools in Chinese universities are developing partnership or internship with great companies in order to train students’ practical skills, hence, you can actually feel the dynamics of the economy here better than any other country.