Hina may emerge as the worldas largest economy by 2020.

If current trends continue, China may emerge as the worldas largest economy by 2020. Discuss the possible implications for such a development for
a. the world trading system;
b. the world monetary system;
c. the business strategy of todayas European and US-based global corporations;
d. global commodity prices and
e. discuss what managers can do to successful work with the opportunities and challenges present in this global economy.