Operations Management and Ethics

In this paper, we will discuss how the values of good, oil and raw framework in mainland chinaware have increased so abominably cod to the high want for commodities. The rapid growth in China has given the economy such a worldwide impact on the world in numerous ways. China has a great wealth of mineral and natural resources. militia of coal, petroleum, iron ore, tungsten, tin, bauxite, copper, limestone, and galore(postnominal) other minerals needed in new-made industry are abundant. (China Britannica Student Encyclopedia). The rapid growth that is occurring in China is straining its infrastructure and overburdening the power grid fizzles. shanghai and Yantian ports are backed up for days slowing barter around the globe. Soybean, airplanes are heavily sold in China. China has looked at several ways to prevent the economy from proper overly congested. But, with China imports increasing 40 share in 2003, it is difficult for China to slow down its economy by 9.8 percent. China is known as the worlds third-largest importer. In April 2004, many construction companies were hit hard by the shortage of cement and other needed temporals to complete ongoing and planned build projects. The shortage of cement and other raw material was due to China large consumption needed to keep up with its growth.

China is rapidly growing and requiring more building material than ever before causing prices for raw material to steady increase. China consumes 55 percent of the worlds cement, 40 percent of its steel and 25 percent of its aluminum. Chinas growing demand for oil is one reason crude prices are so high. (China drains raw materials, May 2004) Within the first three months of 2004, real number estate prices rose 28.3 percent in Shanghai. For the fifth accompanying year, the national grain production has decreased which include rice, maize and wheat. Oil and grain imports have doubled this year. As price hikes increased grain, cooking oil, meat, eggs and fodder have... If you want to take a leak a full essay, order it on our website: Ordercustompaper.com

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