PESTEL Analysis on China

P: Political

History: China has a recorded history of almost 5000 years old. In China, slave society began around the 21st century B.C. Agriculture and animal husbandry developed greatly over the next 1,700 years, and the skills of silkworm-raising, silk reeling and silk-weaving spread widely.In 221 B.C., Qin Shi Huang, the first emperor of the Qin Dynasty, established a centralized, unified, multi-national feudal state. China's economy and culture continued to develop, giving birth to a rich heritage of science and technology, literature and the arts.
SHANG DYNASTY(1766-1122 BC)
The Chinese had settled in Yellow River, valley of northern China by 3000 BC.
The Shang Dynasty is the first documented era of ancient China. The highly developed hierarchy consisted of a king, nobles, commoners, and slaves. The Shang peoples were known for their use of jade, bronze, horse-drawn chariots, ancestor worship, and highly organized armies.
Tang Dynasty
As the Chinese economy has transitioned towards a socialist market economy,the purpose of this law is to establish and safeguard the labor system suiting this economy and protecting legal rights and interests of the labour class and strengthen the labour