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International Economic Trade

......4. Conclusions
Despite the fact that some issues remain to be addressed and resolved, China has suffered drastic modifications in its approach to international trade. The country evolved from an enclosed economy, to one in which increased focus is being placed on the creation of a market-oriented economy. The effects of their efforts have materialized in positive impacts upon both national population, as well as foreign players. In terms of the foreign players, these were better able to penetrate the Chinese market as their products became more competitive. Also, they gained several advantages relative to their countries and this even encouraged them to develop business operations within the eastern Asian country. These actions materialized in positive effects upon the national population, such as the creation of more jobs through a highly privatized economy or the wider access to a greater palette of product and service offering
Yet, as the policies implemented in terms of agricultural products and commodities and which can be extrapolated to the entire trade legislation show, China continues to reveal protectionist tendencies. The countrys recipe for economic success and international trade policies seems then to be the equilibrium between free trade and protectionism. Examining some of the