China is everywhere these days. Powered by the world's most rapidly changing large economy, it is influencing our lives as consumers, employees and citizens. China's miracle economy, though largely initiated by Deng Xiaoping's market reforms in 1978, has resulted because of the current globalisation era in which barriers between nations have been reduced while economies have become increasingly converged leading to increased movement across nations of trade, investment, technology, finance, and labour.
By every measure, China's economy is growing rapidly. …