• Read http://www.tradingeconomics.com/china/indicators task 1: congratulations! you have been promoted to general manager of your company’s new overseas division. it’s time to pack your bags and get ready to live and work abroad! in preparation, your boss who has also received a promotion and will be the ceo of the new division, has asked you to help with planning and preparation by researching the economic conditions of the new country. your task analyze your research findings and develop a 4 page report for your supervisor. include the following information, be very detailed. the company i chose is china discuss china saving & investment, external balances & exchange rates, debt & deficits, inflation & interest rates, unemployment & utilization, and gdp & growth. then answer the following. 
• 1. describe the economic state of china. describe the overall economic health and trends. what are the specific indicators that drove your assessment of this country’s economic condition? which economic indicator(s) do you think is the most important when considering the impact on your company’s division? why? 
• 2. describe the current business cycle and its implications. what stage of the business cycle is the china in? what are the historical trends? (longterm expansion, volatile cycles, etc.)what does this imply for the growth of your company? what stage of the business life cycle is your company and industry in? how would you recommend positioning the company at the present time to monopolize on current conditions? would you change that positioning in the near future? (i.e. increase investment to take advantage of low interest rates, use opportunity to source talent, etc.) 
• 3. what specific economic indicators do you recommend continuing to monitor closely and why? what strategic insight will these indicators provide? how frequently do you need to monitor them for changes? 
• 4. informal bibliography cite your data sources in a format appropriate for any business or academic setting. your task should follow these formatting requirements: typed, double -spaced, using times new roman font (size 12) with one inch margins on all sides. • include a cover page containing the title of the task, the student’s name, the professor’s name, course title, and date. the cover page and reference page are not included in the required page length