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It has proved extremely beneficial for the Chinese market and helped the growth of the market. The whole world is shocked with the rapid growth of china globally as it has played a vital role in this arena. According to Dauderstadt M， (2005), had confirmed that China had become a power house. Prior to this, China was against globalisation and in the past refused to communicate or cooperate with global companies due to government orders. Globalisation has certainly had a positive impact on the Chinese economy and today the Chinese live a very different life to the past.
2008. Encyclopedia.com. 21 Oct. 2015 Bardhan, Pranab, and John E. Roemer, "Market Socialism: A Case for Rejuvenation," Journal of Economic Perspectives, Summer 1992, 6:3, 101–16. Bardhan, Pranab, and John E. Roemer, "On the Workability of Market Socialism," Journal of Economic Perspectives, Vol. 8, No.
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It will create ample business opportunities for engineers, including public utilities and environmental-related work. It can provide many job opportunities to the Hong Kong 's professionals in the engineering field, it benefits the Hong Kong exports of construction services, including project management, contracting and engineering consulting. Actually, a lot of new towns have been developed along the outskirts of China’s second and third tier cities in the past decade. However, a lack of supportive infrastructure and transport network has left most of the newly built apartments empty. An increasing number of these “ghost town”, together with the recent deceleration of economic growth as China enters a “new normal” mode.
Chinese city planners were basing on the ideas of universal principles and were aiming to implement them in city structures. The strong belief in universe powers influenced symbolic and mathematical features of urban planning. When comparing to United States, China’s main political goal was to enhance the authority of the emperor rather than grant equal rights and opportunities to all citizens. Chinese concept of grid planning was mainly based on symbolization, social control and universal orders, the level of comfort of living was not very significant while laying out the city. Typical example was Chang’an, which gridiron plan was designed chiefly to meet and worship the emperor, so Chinese traditions and rituals mainly influenced its layout.