Analysis Of Ford s Board Of Directors Essay - 1680 Words

2. Internal Audit a. The Management Team Ford’s Board of Directors consists of 15 members. The Board is lead by the Executive Chairman William Clay Ford Jr.(age 58). He is the great-grandson of Henry Ford Sr. After earning his BA from Princeton University, he began a lifetime of service in the family firm (1979), culminating in his appointment as president and CEO in 2001. As CEO, Mr. Ford improved quality, lowered costs and delivered exciting new products. During his time in that position, he took the company from a $5.5 billion loss in 2001 to three straight years of profitability. On September 5, 2006, Ford announced that he was stepping down as President and CEO, naming former Boeing senior executive Alan Mulally as his replacement. In July of 2014, Mark Fields (age 54) was appointed as a new President and CEO of Ford. Mr. Fields joined the company in 1989, and has most recently served as the Chief Operating Officer from 2012 to 2014. Prior to this, Mr. Fields was the Executive Vice President at the company and the President of the Americas since 2005. From 2000 to 2002, he was the President at Mazda Motor. Fields was named a Global Leader of Tomorrow by the World Economic Forum in 2000 and CNBC’s Asia Business Leader, Innovator of the Year for 2001. All of the Ford’s Board of Directors and executives have a great history with Ford, served in positions in Ford or one of its subsidiaries and have vast experience in the auto industry. Full list of management team is inShow MoreRelatedCase Study : Ford Motor Company1507 Words   |  7 PagesFord Motor Company When I think of Ford Motor Company the song comes in my mind, Mustang Sally, think you better slow your mustang down, you have been running all over the town now, I guess I have to put your flat feet on the ground, all you want to do is ride around Sally, ride, Sally, ride. A good looking man has driven a red convertible mustang with a woman riding on the passenger side with a white scarf on her head as well as the lady is wearing a red satin top along with wearing plan make-upRead MoreUs Auto Industry Back on Top1658 Words   |  7 Pagesthe topic warrants much debate. In the 1990’s, total executive compensation increased substantially as companies began offering stock option programs; CEO’s of Samp;P 500 saw an average increase of 150%. While many top U.S. executives continued to receive enormous compensation options throughout the economic downturns of 2001 and 2008, none was more apparent than those in the automotive industry. While the big three, comprising of General Motors, Ford and Chrysler, were facing insurmountable debtRead MoreToyota, Ford and Gm Essay4993 Words   |  20 Pages1: Corporate Governance Both Ford and GM completely abide by NYSE corporate governance standards, as they are domestic US companies. Ford and GM are required to strictly follow NYSE corporate governance standards. Toyota is permitted to follow certain corporate governance practices complying with Japanese laws and regulations, the NYSE has ruled that Toyota is exempt from certain NYSE corporate governance requirements. A significant difference in Toyota’s corporate governance structure is thatRead MoreMicrosoft Corporation (Analysis)17842 Words   |  72 PagesMicrosoft Corporation (MSFT) - Financial and Strategic SWOT Analysis Review Reference Code: GDTC22599FSA One Microsoft Way Redmond, WA 98052-6399 United States Phone Fax Website Exchange www.microsoft.com MSFT [NASDAQ] +1 425 8828080 Revenue Net Profit Employees Industry Publication Date: FEB 2012 69,943 (million USD) 23,150 (million USD) 90,000 Technology Communications and Company Overview Microsoft Corporation (Microsoft) is one of the leading providers of software and storage products andRead MoreThe Impact Of Cybersecurity On The Business World1439 Words   |  6 PagesManagement’s Discussion and Analysis of Financial Condition and Result of Operations (MDA) must include cybersecurity risks and incidents if the known incidents resulted in material costs/material reduction in revenues to the company, or if the incidents would result in the financial condition of the company to not accurately reflect future operating results. The â€Å"Description of Business† section of the financial statements would also need risk factors disclosures if the cyber incident(s) â€Å"materially affectRead MoreSwot Analysis Of Bmw s Top 50 Socially Responsible Company1710 Words   |  7 Pagesprovides an analysis and evaluation of BMW Group s stakeholders, social responsibility activities and programs, ethics as well as their approach to globalization and sustainability . Based on our findings we have determined that BMW s position on Maclean s Top 50 Socially Responsible Company is justified as the analysis on our research affirms that BMW has taken initiative to implement corporate social responsibility into their business practice and activities. Industry Analysis Read MoreThe Coming Revolution And Corporate Governance2214 Words   |  9 PagesThese include board process, board membership and board structure. For an effective board to be in place not only do the members needs to be independent (Board Structure) but, there needs to be two other criteria that are met. The members need to have the competencies and skills in the industry and be able to work together to come to effective decisions. Yes, separation of the chair from CEO needs to happen, but without the proper balance of board structure membership and process, the board will be ineffectiveRead MorePresentation on Tata Nano Car1647 Words   |  7 Pagessaid by Indiaapos;s former President Dr. A.P.J. Abdul Kalam goes exactly with Mr. Ratan Tata, Chairman of Tata group, who in the year 2003, dreamt of producing a safe, affordable Car for the common man. Finally after the wait of five years, crossing all financial and technological barriers, Ratan Tata kept his promise and u nveiled Tata apos;Nanoapos; on 10th January 2007, at the 9th Auto Expo 2008 in New Delhi. Tata Nano, cool smart, launched by Tata Motors is worldapos;s cheapest Car with aRead MoreFord Motor Company : An Overview1828 Words   |  8 PagesOverview Ford Motor Company is a renowned automotive company and has been for many decades, founded officially on June 6, 1903. Ford is headquartered in Dearborn, Michigan just outside its original birthplace of Detroit. The company has experienced considerable growth over the past century, in many ways mirroring the rise and fall of the American manufacturing industry. Currently trading on the NYSE under the ticker â€Å"F†, at $13.10 (as of the morning of April 10, 2016), with 3,918,630,174 sharesRead MoreGap Analysis Global Communications Final Report2842 Words   |  12 PagesGap Analysis: Global Communications Foundations of Problem-Based Learning Gap Analysis: Global Communications The dynamics associated with the Global Communications environment centers on a lack of organizational communications with the various stakeholders. Elements that affect the organization are conflict continuums (Kreitner Kinicki, 2004, p. 487), deficits in organizational commitment concerning job security (McShane Von Glinow, 2004 p. 128), and organization politics (Kreitner

Holocaust The World War I - 2252 Words

Holocaust Denial During World War I Adolf Hitler served his country which the defeat of his country lead him to blame the Jews. Hitler after the war joined the National Socialists German Workers’ Party, which was known to the English as Nazis. In 1923 he wrote his memoir â€Å"Mein Kampf† which translates to my struggles, in which Hitler expressed his obsession for the idea of a perfect Aryan race. January 20, 1933 was when Hitler was named the chancellor of Germany. The first concentration camp that Adolf opened was Dachau in March of 1933 which was under control of Heinrich Himmler. In November of 1938 is a night remembered as Kristallnacht because the Jewish synagogues were burned, shop windows were smashed and close to 100 Jews were arrested or killed. Jewish people began to flee while those who didn’t suffered from the fear of what happened. In 1939 the German Police had forced over tens of thousands of Jews into ghettos that were surrounded by high walls with barbed wire on the top. Later that year, over 70,000 Jews who were deemed unfit were gassed to death in what the Nazis called a Euthanasia Program. In 1941 was when the Nazi officers began making the Jews wear a yellow star to help identify them. The idea of using Zyklon-B came from testing done on over 500 Soviet prisoners of war. In the late 1941 was when Germany began mass shipment of Jews to the concentration camps. The elderly and those who were weak and young were the first taken to the camps. Auschwitz-BirkenauShow MoreRelatedThe Holocaust : The World War I1157 Words   |  5 PagesDwiggins computers 2 22/9/2014 The Holocaust The word â€Å"Holocaust† was originally taken from the Greek word â€Å"Holokauston†. In Greek, this word meant â€Å"sacrifice by fire†. Holocaust is the name given to the German Nazis killing and persecution of Jews. Other targeted groups were Gypsies, Jehovah’s Witnesses, homosexuals, the handicapped or deformed, and all others who disagreed with what Adolph Hitler was doing. It all began in 1933 when the entire world was in a depression. Adolph Hitler becameRead MoreThe Holocaust : The World War I2592 Words   |  11 PagesThe Holocaust World War I, the first actual war played out on a global scale. During the time of the war, many people, military and civilians a like, lost their lives. However, among all of these people, one man got very lucky in the sight of death, for you see this man had been partially blinded after being exposed to mustered gas, and when when stumbling on the battle field, a British solider by the name of Henry Tandey who saw this man, took pity on him and let him go. The man that he saved wasRead MoreThe Holocaust : A War Hero After World War I1940 Words   |  8 PagesAmerican River College The Holocaust Ferris Spears World History Yousef Batarseh 3 December 2015 The point of where this all began was when Adolf Hitler came to became known as a war hero after World War I, and soon after gaining enough power to become chancellor of Europe in January of 1933. In March of 1933 one of the world s greatest and worst tragedies in history began. This tragedy was the holocaust where the Jews were persecuted, and killed all because of the man named Adolf HitlerRead MoreEssay about Democratic Republic of Congo Holocaust922 Words   |  4 PagesCongo (DRC) Holocaust was the bloodiest war fought. This was due to the death toll, possibly larger than that of the Holocaust. Between 1998 and 2007, there were a total of 5.4 million people dead. The number of those deaths has definitely gone up over the years (Heaton 1). Genocide is very vital because of the people being slaughtered and giving their lives away in order to support their political stance. Everyone, whether it is through war or poverty, suffers from this immense tragedy. I was interestedRead More The Holocaust : A Traumatic Event Essay1644 Words   |  7 PagesThe Holocaust was a very traumatic event in history. Every year in school from about middle school onward students learn specifically about Adolf Hitler and the Nazi party’s cruel treatment of the Jewish culture and people during World War II. The same general knowledge is given to us from middle school up until the ending our high school history careers. We are taught to believe that Adolf Hitler was a corrupt man, who sought control of Germany in the 1930’s. Even though we are given backgroundRead MoreThe Holocausts Effect on the German Jew Essay1745 Words   |  7 Pagestarget of the Holocaust, but why they were a large part of the years before, during, and after the Holocaust. Hitler’s â€Å"final solution† almost eliminated the Jewish population in Europe during World War II. At the end of the war and along with his suicide, the Jewish population would survive the horror known as th e Holocaust and the Jews would eventually find their way back to their homeland of Israel as well as find new communities to call home. Hitler’s rise to power before World War II was dueRead MoreThe Mass Murder Of A Totalitarian Leader1112 Words   |  5 Pagessystematically murdered, in one of the largest genocides known to mankind, â€Å"Never shall I forget the little faces of children, whose bodies turned into wreaths of smoke beneath a silent blue sky,† (Elie Wiesel). The aftermath of the Holocaust was devastating, hundreds of Jewish families were forced to continue their lives, with little, to no financial aid; between the years of 1945 and 1952, 80,000 Holocaust survivors immigrated to the United States. The Jewish individuals lost their citizenshipRead MoreThe Impact Of Wwii On Jewish History1362 Words   |  6 Pagesway, 64.5 million people, including six million Jewish people. This war could have extinguished the Jewish culture. According to Holocaust Encyclopedia, this is some of the aftermath of the Holocaust (2). The Anglo-Americans discovered piles of corpses after WWII. Soldiers also found starving and sick Jewish and non-Jewish survivors. Survivors were afraid to return to their homes because they feared for their lives. After the war, survivors were housed in refugee centers. Thousands of survivors decidedRead MoreWorld War I And II1057 Words   |  5 Pages20th century, World War I and II, left a lasting impact on society economically, politically, and socially. As we have read in detailed archives on both world catastrophes, the nature in which violence shaped society after the war varied greatly. Ernst Jà ¼nger in Storm of Steel shares his heroic memoirs from fighting on the German front in World War I. Art Spiegelman tells the very personal and emotional story of his father, a survivor of World War II’s Holocaust. Throughout the war, Ernst remindsRead MoreThe Holocaust : The Destruction Of The Jews1717 Words   |  7 PagesThe Holocaust is by far the worst genocide ever com mitted, with between 5 and 6 million Jews murdered; along with countless other minorities the Germans deemed inferior (The Holocaust Chronicle Appendices). The Holocaust began with the boycott of Jewish businesses, and ended in camps such as Auschwitz. The destruction of the Jews was made possibly with the rise of Adolf Hitler to power, as he and his fellow Nazi followers attempted to exterminate the Jewish populace of Europe. In the paragraphs to

Economic Growth of China & Challenges †Free Samples for Students

Question: Discuss about the Economic Growth of China. Answer: The Economic Growth of China For some time now, China has been experiencing sustained economic growth. However, the level of economic growth experienced has constantly been diminishing since 2010. According to the World Bank (2017), China has one of the fastest sustained expansions globally. On average, its GDP growth level is about 10 percent per annum. The economy had reached all its Millennium Development Goals by 2015 and had contributed significantly to the achievement of these goals in other countries. Even so, according to the World Bank, China remains a developing country with its per capita income being only a small fraction of that of the advanced economies. Regardless, the economy is committed to moving from a middle-income economy to a high-income economy. It is worth noting that the economy of China has been experiencing substantial economic growth over the past few years. In 2006, its annual GDP growth was recorded at 12.7 percent. In the following year, the level of growth substantially to 14.2 percent before falling back to 9.7 percent in 2008. Likewise, in 2009, the level of economic growth declined slightly by about 0.3 percent to 9.4 percent (World Bank, 2017). In 2010, the economy experienced substantial increases in the level of growth. More precisely, the annual GDP rose by 1.2 percent, to 10.6 percent (World Bank, 2017). Unfortunately, in the following years, the rate of growth started diminishing consistently. As at 2011, the level of economic growth dropped to 9.5 percent before further dwindling to 7.9 percent in 2012 (World Bank, 2017). Likewise, 2013 realized further decreases in the level of economic growth. In the following year, the level of growth decreased further to 7.8 percent before dropping again to 7.3 percent in 2014. As at 2015, the annual growth rate of China had reduced to 6.9 percent (World Bank, 2017). Noteworthy, the level of growth decreased further in 2016 to 6.7 percent (Trading Economics, 2017). This was the lowest level of economic growth in China in the last 26 years. At the beginning of this year, the Chinese economy expanded by 6.9 percent (World Bank, 2017). Reasons for Variations in the growth rates of China For many years, the Chinese economy enjoyed cheap labor, favorable government policy, unlimited supply of raw materials, and increased foreign investments. As a result, the level of growth of its economy was increasing at an increasing rate. However, this has changed over the years. Today, it can be noted that although the Chinese economy has been experiencing sustained levels of economic growth over the past ten years, the percentage growth rate has been declining consistently throughout this period. More specifically, the growth of China has been slowing substantially over the years. Imperatively, this can be attributed to various factors in the Chines economy and the global economy. The Global Financial Crisis It is vital to point out that the Global Financial Crisis had a significant impact on the economic growth the Chinese economy. During the 2008 financial crisis, the Chinese government responded by increasing its expenditure by about $586 billion (World Finance, 2016). Mainly, this was done as an expansionary fiscal policy meant to increase business activity in the Chinese economy. Indeed, this strategy was functional over the short term period. The level of business and commerce activity in the economy increased substantially in the country. However, over the long term period, this strategy has proven to be detrimental to the economic growth of the economy (The Economist, 2015). More precisely, the increased government spending during this period was financed mainly through debt. As a result, the country has accumulated significantly high debts that need to be repaid. Likewise, in 2014, the country experienced significant decreases in the cost of borrowing. The low-interest rates on loans led to an increase in the level of borrowing in the country. Indeed, this strategy worked and was a substantial stimulus for the economy (Magnier, 2016). The level of aggregate demand increased substantially. Unfortunately, this was a short term solution to raise the level of growth in the economy. Currently, households are feeling the burden of repaying and servicing the loans they took during this period (World Finance, 2016). Thus, instead of spending the money on the purchase of real goods and services in the economy, Chinese households are forced to channel their income to the repayment of loans (World Finance, 2016). In turn, this has brought about decreases in the aggregate demand in the nation, resulting in the decreased level of economic growth in China. To make matters worse, China dropped its exchange rate peg with the dollar, and instead devalued its currency about three times in just one week. Although this was meant to be a fiscal stimulus for the economy, it has led to significant long term effects, thereby causing drops in the rate of growth. Initially, this decision was intended to make the country more competitive by making by making Chinese products cheap, thereby raising the level of exports from the country, while discouraging imports which would be expensive for Chinese citizens (BBC, 2017). In turn, this would bring about an increase in the countrys net export, this raising the level of economic growth. Markedly, this decision has led to the weakening of the Chinese yuan over time, something that has contributed greatly to the diminishing rates of economic growth. Transition from developing to a developed economy Characteristically, China is undergoing a transitionary period from a developing to a developed economy. Mainly, this implies that the economy has explored most of its production capacities and is producing on its production possibility frontier (Wall Street Journal, 2014). For this reason, high levels of expansions in the economy are rather farfetched. Thus, realizing growth rates every year is difficult (World Finance, 2016). Most of the developed economies globally experience significantly low levels of economic growth since they have exhausted most possibilities and are therefore operating at optimal levels. In this regard, the Chinese economys growth is expected to continue, but at a diminishing rate. Chinas Transition from manufacturing to service industry For decades, the Chinese economy has built on the manufacturing industry. Typically, the economy was viewed as the factory of the world. Markedly, this role was functional when the economy had a huge and growing population that could provide cheap and affordable labor. However, over the years, the one-child policy has led to a substantial drop in the population of the country (World Finance, 2016). In addition, a majority of the people in China are aging and are therefore not active in the workforce. In turn, this has significantly led to a decrease in the nations labor force. Besides, the new generation of workers is unwilling to accept low paid jobs, thereby increasing the labor costs for companies (Shepard, 2016). Subsequently, this has adversely impacted the manufacturing industry in the country, thereby reducing its contribution towards the growth of the economy. In addition, Chinas government is working towards a shift of the economy from manufacturing towards a service economy. Furthermore, it is shifting from an export driven economy to a domestically driven one. As a consequence, the volume of exports from the nation are dropping significantly (World Finance, 2016). In turn, a decrease in the level of exports while the imports are still increasing has caused a decline in the level of the countrys net exports. The past few years has seen chinas net export dwindle significantly. A decline in the net exports intermittently has brought about declines in the rate of economic growth in the Chinese economy. Capital Outflows The past few years has also seen China experience significant increases in the level of capital outflow. More specifically, the foreign investors who used to pump billions of dollars into the Chinese economy have reduced and moved their money to other promising economies. Mainly, this can be explained through the considerable declines in the Chinese foreign currency reserves. In order to keep its currency cheap to raise the level of exports during the financial crisis, the economy accumulated about $4 trillion dollars in its reserves (World Finance, 2016). When the economy changed to the flexible exchange rate regime, the Chinese government would print fresh dollars whenever the yuan strengthened against the dollar. This additional currency would then be used to buy dollars. As a result, the supply of Chinese currency in the market increased significantly while the supply of dollars shrunk. Over time, this led to the weakening of the Chinese yuan. Markedly, the weakening of the Chinese currency over the years has made investors wary of investing in the country. As such, investors fear to make capital losses in the event that the currency would weaken further (Philips, 2015). Thus, they have been withdrawing their capital from the Chinese economy and investing them in other countries. Besides, the change of the countrys exchange rate regime from the pegged system to the flexible exchange rate regime has made investors to view the currency as volatile. For this reason, their confidence on the yuan has dropped significantly forcing them to withdraw their fund from the Chinese economy (Zhibing, 2014). Fundamentally, the withdrawal of capital funds from the Chinese economy has led to a decrease in the level of productivity in the country. In turn, this has led to a decrease in the rate of economic growth in the Chinese economy. Challenges Facing China in enhancing its Growth levels As noted earlier, the Chinese economy has been experiencing significant declines in the rate of economic growth over the past few years. Mainly, this is due to the fact that the economy is undergoing significant challenges in its bid to increase the rate of economic growth in the country. Today, chinas main challenges pertain to overreliance on investments, deflation and high rates of corporate loan defaults (Dorn, 2013). Deflation As at 2016, the Chinese economy was in danger of a looming deflationary period. Predominantly, this can be attributed to the overabundance of homes in the country. As such, the increased supply of homes in China is expected to result in a decrease in their prices, thereby creating deflationary pressures in the economy (The Economist, 2015). In addition, the continued drop in the value of the yuan against the US dollar may further result in continued deflation in the Chinese economy. Overreliance on investment In the past, China relied heavily on debt and investments to fuel the expansion of its economy. However, the overreliance on investment and debt has become unsustainable for the Chinese economy and leaders must instigate measures to enhance economic growth in the economy. Unfortunately, tampering with the interest rate level could be harmful to the economy (Badkar, 2012). High rate of corporate loan default The economy is also suffering from a high level of loan defaults. In 2015, the rate of loan defaults in the country were estimated at 43 percent. Between the first quarter of 2014 and the third quarter of the rate of loan defaults was estimated at 73 percent (Li, 2015). Noteworthy, this high rate of loan defaults is detrimental to economic growth. Most corporations in the industrial sector are experiencing continued losses. Yet, the countrys banking system relies heavily on the corporate sector. Therefore, the whole economy is affected by the corporations defaults on their loans. In turn, this has affected the Chinese economy adversely. Solutions to the Problems The Chinese government has taken an active role and has instigated various measures with the goal of restoring the countrys economic growth to the initial levels. Essentially, it has instigated various measures to enhance the level of economic growth. Firstly, the government has set up measures to control the supply of houses in the economy (Baldang, 2016). Although the outcome of this action may be wide, the government expects to reduce the rate of deflation that has become imminent over the past few years. In addition, it has also initiated policies that aim to strengthen the yuan against the dollar. Mainly, this is meant to regain the confidence of investors in the countrys currency and therefore attract investors into the economy (Cassidy, 2016). Typically, a rise in capital inflows into the economy is expected to stimulate business activity in the aggregate economy, thereby lead to economic growth. References Badkar, M. (2016). China's Economy Faces 9 Major Challenges. Business Insider. Retrieved 24 May 2017, https://www.businessinsider.com/9-biggest-challenges-chinese-economy-2012-9?IR=T Balding, C. (2016). China Isn't Headed for a Financial Crisis. Bloomberg. Retrieved 24 May 2017, https://www.bloomberg.com/view/articles/2016-01-10/china-isn-t-headed-for-a-financial-crisis Cassidy, J. (2016). Chinas Two Big Economic Challenges. The New Yorker. Retrieved 24 May 2017, https://www.newyorker.com/news/john-cassidy/chinas-two-big-economic-challenges China GDP Annual Growth Rate. (2017). Trading Economics. Retrieved 24 May 2017, https://www.tradingeconomics.com/china/gdp-growth-annual China Overview. (2017). World Bank. Retrieved 24 May 2017, https://www.worldbank.org/en/country/china/overview Data Bank World Development Indicators. (2017). World Bank. Retrieved 24 May 2017, https://databank.worldbank.org/data/reports.aspx?Code=NY.GDP.MKTP.KD.ZGid=1ff4a498report_name=Popular-Indicatorspopulartype=seriesispopular=y Dorn, J. (2013). China's Challenges: Economy. The Diplomat. Retrieved 24 May 2017, https://thediplomat.com/2011/02/economy/ Li, N. (2015). Major Challenges Facing Chinas Economy in 2015. China US Focus. Retrieved 24 May 2017, https://www.chinausfocus.com/finance-economy/major-challenges-facing-chinas-economy-in-2015/ Magnier, M. (2016). Chinas Economic Growth in 2015 is Slowest in 25 Years. Wall Street Journal. Retrieved 24 May 2017, https://www.wsj.com/articles/china-economic-growth-slows-to-6-9-on-year-in-2015-1453169398 Phillips, M. (2015). Why Chinas economy is slowing and what it means for everything. Quartz. Retrieved 24 May 2017, from https://qz.com/386421/why-chinas-economy-is-slowing-and-what-it-means-for-everything/. Shepard, W. (2016). How Much Is China's Economy Really Slowing?. Forbes. Retrieved 24 May 2017, from https://www.forbes.com/sites/wadeshepard/2016/08/05/how-much-is-chinas-economy-really-slowing/#6b690bfc2669. The causes and consequences of China's market crash. (2017). The Economist. Retrieved 24 May 2017, https://www.economist.com/news/business-and-finance/21662092-china-sneezing-rest-world-rightly-nervous-causes-and-consequences-chinas Why China's economy is slowing. (2017). The Economist. Retrieved 24 May 2017, https://www.economist.com/blogs/economist-explains/2015/03/economist-explains-8 Why China's Growth Is Slowing (2014). Wall Street Journal. Retrieved 24 May 2017, https://www.wsj.com/video/why-china-growth-is-slowing/530824A3-ABC6-4D8B-A4B8-EF213BF410E8.html Why is Chinas economy slowing down? (2016). World Finance. Retrieved 24 May 2017, https://www.worldfinance.com/inward-investment/asia-and-australasia/why-is-chinas-economy-slowing-down Why is China's growth slowing? (2017). BBC. Retrieved 24 May 2017, https://www.wsj.com/articles/china-economic-growth-slows-to-6-9-on-year-in-2015-1453169398 Zhibing, Y. (2004). Challenges facing China. China Daily. Retrieved 24 May 2017, https://www.chinadaily.com.cn/english/doc/2004-08/14/content_365310.htm