EASC Term Paper

EASC Term Paper - expected due to the fact they have 1...

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China's economy has experienced dramatic growth in recent years. Explain why this economic growth is occurring, and what the potentials are - both positive and negative. What has spurred on this economic explosion, and what does the future hold for China, its East Asian neighbors, and the world? The Growth In China’s Economy - Introduction - Background History - Explanation of the growth o - Positive Potential - Negative Potential o There are vast inequalities in the income of the Chinese people; market liberalization of markets within the country has led to a significant income disparity between the rural and suburban residents. China’s economy as a whole is large but that is
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Unformatted text preview: expected due to the fact they have 1 billion people. The per capita income isstill a lowly $2000, 107 th out of 179 countries. The purchasing power parity ranks at 82 nd out of 179 countries. o State has started to take control of the economy in an effort to shift to a balanced model (Behind) Slumps in consumer spending as a product of GDP o Overstated Growth massive government spending on public works, such as an airport expansion and a nuclear power station o No Innovation Have not produced any breakthrough products -What Has Come Out of This-Future o Asian Neighbors o The World...
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This note was uploaded on 03/27/2010 for the course EASC 150g at USC.

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EASC Term Paper - expected due to the fact they have 1...

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