This paper examines how China's political system and practices are impacting the country's economy and the long-term affects of such a system. It examines the country's demographic statistics and questions whether the economy can continue to support the ever-growing population. The paper also examines the effect of SARS on China's economy.
From the Paper:
"China, the very last of the main Communist states, has made enormous advances all through the preceding two decades in the direction of turning out to be an industrialized country with a market-driven financial system. Its people, a fifth of the world's populace, are still amid the world's poorest, however, quick industrialization and urbanization are training them to make China a main economic power in the 21st century.
The increasing economy, as well as rising health standards is by now having a weighty impact on China's welfare. In the second part of the 20th century, for example, the lifetime of the average person in China has doubled."
"China's Economy" 08 February 2012. Web. 12 Feb. 2012. <http://www.academon.com/Essay-China's-Economy/52134>
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Published by:
serendipity
Publisher Since:
Feb 12, 2004
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