globalisation in china Flashcards

1
Q

what happened to extreme poverty due to globalisation

A

-reduced from 88% in 1981 to only 0.7% in 2018

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2
Q

what industry is booming

A

“hi tec” industry- due to high value products like iphone being manufactured than throwaway sweatshops

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3
Q

what happened in the workshops in earlier years

A

-around 2500 metal workers in YongKang lost a limb or finger due to dangerous working conditions in factories

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4
Q

example of dangerous air pollution

A
  • the WHO is concerned with the high average levels of deadly particles which can settle in lungs e.g. PM2.5 particles coming from vehical emissions and industry discharge
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5
Q

example of gains from globalisation

A

car ownership grown from one in a hundred to one in five families since 2000

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6
Q

what has helped encourage local companies

A

-local companies have adopted technologies and management techniques brought to china by TNC’s

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7
Q

example of one of the worlds largest TNC’s in china

A

ICBC

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8
Q

why is ICBC so huge

A

-gov support (state owned- benefit from gov backing- stability and access to resources)
-global expansion (expanded operations internationally- establish branches in key barkets - diversify and attract customers)
-technological investment (advance operational efficiency and improve customer experience)

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9
Q

what has happened to national income

A

per capita disposable income in 2017 was 2.1X that of 2010

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10
Q

what happened to chinas world trade

A

share of world trade increased from 1 to 6 percent from 1979 to 2003

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11
Q

unemployment

A

youth unemployment rose to 21.3% in june 2023

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12
Q

air quality

A

rated AQI 132 when satisfactory air quality is around or below AQI 100

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13
Q

worker risk

A

-in dungguan, workers for wintek were poisened by chemicals used to treat iphone touch screen glass

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14
Q

SOC in china

A

-recent gov inicitives aimed at urbanization and rural development highlight evolving nature of social opportunities
-Rural Revitalization Strategy: Launched in 2017, plan focuses on enhancing rural economies, improving living standards, and promoting sustainable development.
-emphasizes rural infrastructure development, etc.

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15
Q

POL in china

A

-disputes over territory (border issues affect international relations)
-rural urban divide (difference in resource allocation- areas like Bejing and Shanghai recieve more investment than rural)

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16
Q

EC in china

A

-foreign investment (establishment of SEZ’s like Shenzen attract investment and boost ec growth)
-global trade (pearl river delta- where products manufactored and shipped- integration in global economy)
-urbanization and migration (rapid growth of industries, rural workers migrate to cities)

17
Q

EN in China

A

“yangtze river”
-longest river in china and is crucial water source for industry
-rapid industrialisation along river lead to pollution which affects water quality and biodiversity