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China and globalization society & culture globalization has, no doubt, done wonders to china if the economy is booming, it is because of globalization and. With the development of the global market in china, globalization plays an important role that is undeniably because china has the fastest growing economy in the world.
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Explain what you understand by the economic notion of ‘globalization’ using empirical evidence, describe how such globalization has affected the development. China and globalization william h overholt ct-244 may 2005 testimony presented to the us-china economic and security review commission on may 19, 2005. Impact of globalization on socio-economic and this thesis is brought would like to concentrate only on socio-economic and political effects of globalization.