Gross domestic product ranking table. Year to year changes in the nominal level of output or income of an economy are affected by a combination of forces: real growth, price inflation, and exchange rates. Economic factors, such as price, raises pose to be a threat, however it is a minor threat considering that Starbucks has established its customer base. It is apparent that an increase in price might affect consumer behavior, but it will not drastically change consumer habits. The technological sector was scored as a +3.
The aim of this article is to explore some of the political, economic, social, technological, environmental, and legal factors affecting China today. China is an economic and political superpower. Over the years, it has implemented a number of significant programmes of change and made spectacular improvements in many fields.