Bribery and Corruption in China's Construction Industry Essay

Bribery and Corruption in China's Construction Industry - Essay Example In the end, the approach proposed in this paper may hopefully provide a new understanding of bribery and corruption in the Chinese construction industry. The contemporary world’s experience of globalisation is a unique phenomenon known only in the last fifty years (Soros, 2002). Globalisation has opened the doors of the global market, which has paved the way for countries across the globe to redefine their national and international trading relations. In this regard, China’s response to the demands and challenges of globalisation has stirred worldwide interest as China’s economic growth in the past twenty years have been considered as remarkable and even to some â€Å"miraculous† (Sachs & Woo 1993). Studies have shown that the fast phase economic growth of China in the past twenty years can be attributed to the coming together of multi-factors that creates the proper ambiance and environment for economic progress and development (Haddad, 2007). However, it is undeniable that China’s economic policy of opening its door to international trade is appreciated as one the strongest and clearly perceptible decisive impetus that drives and hastens China’s economic growth. (Yao 2006; Chen & Feng 2000; Fukasaka ,Soligna, & Lecomte 1996; Liu et al 2002). And in the context of China’s rapid economic progress, the contribution of one industry is undeniable – the construction industry. China’s construction industry plays a pivotal role in the China’s economic progress. The construction industry in China is worth US $ 93 billion, it employs nearly 24 million people (more than 5%of the total labour force); it accounts for more than 6% of the GDP, and has been growing at an average rate of nearly 10%since 1979 (Daud & Zong, 2005). Being such, the high performance of China’s construction industry makes the industry one of the most successful and lucrative

Plant and Fungus Essay Example | Topics and Well Written Essays - 500 words

Plant and Fungus - Essay Example Variably, fungi that include mushroom and yeast contribute in the preparation of beverages and are of medical value. Notably, my personal interaction with plants and fungi depicts positive results and their relevance in facilitating individual’s wellbeing. The organisms bear fruits, seeds and other products that are of high value to human life. Most people have been using the yields from the organisms as a source of food, fuel, energy and beverage. It has come into my attention that some seed plants and fungi are good medicinal products that are used in curing certain diseases that affect human development (Jabr, 2011). Secondly, the yields from the items are used in achieving nutritional balance since they provide food rich in diverse nutrients. Similarly, fungi organisms are widely depended on by most farmers as farm fertility boosters as they facilitate decomposition and recycling of organic matter (Reece, Urry, Cain, Wasserman, Minorsky, Jackson & Campbell, 2014). Farmers use them in ripening Roquefort and other products including blue cheese. From my interactions with the organisms, it is apparent that human welfare and vibrancy is dependent on the kind of food items, products one uses and the freshness of the environment. No one can thrive without consuming healthy food with superior nutritional content and breathing fresh air. It is inevitably true that I am in the business of using various types of plants and fungi, and they are affecting my life positively. In particular, I use maize, rice, wheat, mushroom and potatoes as food in most occasions. The food items constitute my favorite meals ever since, and their preference is based on the nutritional value (Reece et al, 2014). Subsequently, flowering plants such as tea, coffee and cocoa have formed key sources of my beverage. On the other hand, yeast that is a renowned type of fungi remains a vital source of my alcoholic beverage.