China

Economic growth?
rapid economic growth in china since 1970 - 10% increase in GDP per annum
1 of 10
Govt reforms
1978, 2001 joined WTO
2 of 10
Trade?
SEZ, special economic zones to encourage X+M (19% Increase in exports 81-94)
3 of 10
Tax?
reduced tax and corporation tax to encourage TNCs
4 of 10
economic growth consequences?
multiplier and accelerator + FDI investment
5 of 10
Govt spending?
education/infrastructure - attractive workforce for TNC
6 of 10
Privatisation?
more privatisation and less public sector
7 of 10
Inequality?
widening and getting worse because of urban/rural gap, gini coefficient of 0.49 (0.4< = severe).
8 of 10
Pollution?
acid rain and smog in major cities = manufacturing and urban heat island
9 of 10
working conditions?
130+ injured in toxic chemical leak in 2010 for outsourcing company for apple
10 of 10

Other cards in this set

Card 2

Front

Govt reforms

Back

1978, 2001 joined WTO

Card 3

Front

Trade?

Back

Preview of the front of card 3

Card 4

Front

Tax?

Back

Preview of the front of card 4

Card 5

Front

economic growth consequences?

Back

Preview of the front of card 5
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