China Case Study

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  • Created by: Megan
  • Created on: 26-05-15 19:29


  • 40 years ago their economy was smaller than UK's, now 6x bigger
  • Creates 18 million jobs a year, but still short of 25 million
  • 250 million migrant workers
  • Number of over 60's will increase 230 million by 2050
  • Sustained average GDP growth of 8% for last 25 years
  • 150 million live on less than US$1 a day but home to 1 million millionaires

Reasons for Growth

  • Change of government in 1978 - move away from centrally planned government to a more market orientated one


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