China-NIC Flashcards

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1
Q

why is it a newly industrialising country?

A

ex[perienced economic growth in past 10 years but standards of living, literacy, urbanisation and infrastructure still lag behind North America and Western Europe

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2
Q

factos that have fueled growth

A

foreign investment, exports. urbanisation and rising standards of living…sustained by importing foreign resources

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3
Q

trading links

A
  • Chinese mining and oil firms investing in poor mineral rich countries e.g. DRC or Angola
  • Australia has become leading trade partner supplying coal, iron and other mineral sources
  • china has become Australia’s second largest market for agricultural goods e.g beef
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4
Q

industrial output in China

A

vehicles, cerment, steel, coal

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