China Flashcards

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1
Q

What are SEZ’s?

A

Special economic zones - where foreign companies are encouraged to set up manufacturing plants in return for preferable tax rates

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2
Q

What are ‘open cities’ and how many are there?

A

They offer incentives for foreign companies to invest, there are 14

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3
Q

At the beginning of the 21st century how much inward investment was China receiving a year?

A

Over $50billion

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4
Q

What was the inward investment total in 2006?

A

$63billion

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5
Q

When did China join the WTO?

A

2001

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6
Q

Having joined the WTO, what happened to China’s exports from 2001 to 2006?

A

From $266billion in 2001 to $969billion in 2006

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7
Q

When did China’s economy change from being centrally planned to market orientated?

A

1978

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8
Q

From 1990 to 1991 the number of people living on less than $1 a day fell by?

A

150million

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9
Q

A Chinese person pollutes ?% of what an American pollutes?

A

25%

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10
Q

What is the Chinese economy driven by?

A

Exports and investment rather than consumption

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11
Q

What is the core belief of Confucian values?

A

That individuals need to put societies needs before their own

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