Religion: The Chinese Communist Party that rules the nation is officially atheist, though it is

gradually becoming more tolerant of religions, according to the Council on Foreign Relations.

Currently, there are only five official religions. Any religion other than Buddhism, Taoism,
Islam, Catholicism and Protestantism are illegal, even though the Chinese constitution states that
people are allowed freedom of religion. (Basic facts about China)

Language: There are seven major groups of dialects of the Chinese language, which each have
their own variations, according to Mount Holyoke College. Mandarin dialects are spoken by 71.5
percent of the population, followed by Wu (8.5 percent), Yue (also called Cantonese; 5 percent),
Xiang (4.8 percent), Min (4.1 percent), Hakka (3.7 percent) and Gan (2.4 percent). The official
national language of China is Pŭtōnghuà, a type of Mandarin spoken in the capital Beijing,
according to the Order of the President of the People's Republic of China. Many Chinese are also
fluent in English. (Basic facts about China)

Science & technology: China has invested large amounts of money in science advancements
and currently challenges the United States in scientific research. China spent 75 percent of what
the United States spent in 2015, according to the journal JCI Insight. One recent 2017
development in Chinese science is teleportation. Chinese researchers sent a packet of
information from Tibet to a satellite in orbit, up to 870 miles (1,400 kilometers) above the Earth's
surface, which is a new record for quantum teleportation distance. (Basic facts about China)

Economic Environment of China

• China’s Balance of payments: The current account has recorded a surplus in once a year since

1994. The capital account followed suit and solely recorded 2 deficits within
the last twenty years. This case of surpluses within the current and also the capital place pressure
on the national currency and prompted the financial institution to sterilize most of the foreign
currency that entered the country. As a result, China’s interchange reserves skyrocketed
to virtually USD four.0 trillion in 2014.Tthe current account surplus reached its peak in
2007, once it delineate ten.1% of GDP. Since then, however, the excess has since
narrowed because the currency strong and domestic demand enlarged. 
• China’s Trade Structure: China has knowledgeable about uninterrupted trade surpluses since
1993.

• China’s Economic Policy: Economic process soared within the previous few decades in the

main thanks to the country’s increasing integration into the world economy and also
the government’s daring support for economic activity. However, the successful economic model
that raised many millions out of economic condition and burning the country’s astonishing
economic and social development has additionally brought several challenges. 
• China’s financial Policy: Beneath the steering of the State Council, the People’s Bank of China
(PBOC) formulates and implements financial policy, prevents and resolves monetary risks, and
safeguards monetary stability. The financial institution manages monetary resource through
Open Market Operations (OMO), that square measure conducted with each domestic and foreign
currencies and comprise repo and reverse repo, government securities and PBOC bills.

(China Economic Outlook, 17 July,2018)

Political & Economic Stability of China

The figure above shows the GDP growth rate of China.

 Political instability- International firms are the worst sufferers. We will examine the

problems happened in country throughout a civil war; additionally in Syria and
 Egypt, wherever the international firms featured a tough time to continue their business
and even they had to stop working their operations. 
 Economic Setting- Political scenario of China affects its economic setting that is said to
business performance. This involves taxes and government disbursement. 
 New legislation- National minimum wages, setting new tax rates, like VAT or
Corporation Tax hamper the present method of doing business. The government would
possibly increase tax for a few firms and the other way around. This type of call can have
an effect on directly on the business. 
 Interest Rate- Shift in interest rates will have an effect on the demand pattern of the
corporate. Being the smallest amount certain element of the economy, the prediction of
the performance of the corporate remains not precise enough.
 Effects of the circular political environment- As China may be a democratic country, the
democratic government needs to undergo associate degree election per annum. The new
government gets influenced by the pressure teams and tends to alter their
policies concerning trades.
 Bureaucracy- Like alternative Asian democratic countries, China isn't free
from paperwork. It provides fuel to the corruption.

(With both economic and political stability, China proves the doubters wrong, 21 December,
2017)