China's Growth Flashcards
1
Q
GDP rise per year
A
10%
2
Q
Forecast
A
To grow over the next five years- add to economy
3
Q
Key trade partner for a diverse group of nations
A
Gobbling up commodities in order to develop its economy
4
Q
Competition from India
A
TNCS, BRICs and new NICs
5
Q
Population?
A
Ageing- soon approaching especially following the successful one child policy
6
Q
PPP
A
Growth from $250 to $6000 in less than 30 years
7
Q
Proportion living in poverty
A
Fallen from over 60% to under 10%
8
Q
2008 how many millionaires in china
A
Over 800,000
9
Q
1978
A
Xiaoping
Major economic reforms = remarkable progress
