Peoples Republic By china Flashcards
What has contributed to China’s economic growth slowing?
Falling house prices and shrinking household wealth, aging population, shrinking workforce due to population decline, proposed tariffs by the USA on Chinese imports
Each of these factors plays a significant role in the overall economic landscape of China.
How has China turned its large population into a strength rather than a challenge?
By leveraging its workforce for economic production and efficiency
China has utilized its large population to become a global manufacturing hub.
What steps is China taking to modernize its military?
Investing in advanced technology and enhancing military capabilities
These efforts are aimed at ensuring national security and projecting power.
Why is China considered an attractive country for manufacturing?
Due to its large workforce, lower labor costs, and established supply chains
These factors contribute to China’s significant role in global manufacturing.
Fill in the blank: China’s economic growth is threatened by proposed _______ by the USA on Chinese imports.
tariffs
Tariffs can reduce China’s export growth and overall economic performance.
True or False: An aging population in China decreases social welfare costs.
False
An aging population typically increases social welfare costs.
What are the implications of shrinking household wealth in China?
It can lead to decreased consumer spending and economic growth
Household wealth is a critical driver of economic activity.
Explain one reason why China’s economic growth is slowing.
Shrinking workforce due to population decline
A declining workforce can reduce productivity and economic output.
Discuss the importance of considering workers’ treatment and environmental costs when importing goods.
It affects ethical consumption and sustainability
Consumers increasingly value ethical practices in production.
Are we too dependent on China?
Yes, dependency on China for manufacturing and goods can pose risks
This dependency can lead to vulnerabilities in supply chains.
Point: China is powerful due to its _______.
economic influence and manufacturing capabilities
China’s economic strength translates into geopolitical power.
What is the status of China’s military capabilities?
The PLA is well-equipped with the latest technology, giving China greater status and influence in Asia than any other country.
How does China approach conflict in the 21st century?
China recognizes that conflict is as much about hidden tactics as it is about weapons of mass destruction.
What is China’s position in cyberwarfare?
China leads the world in cyberwarfare capabilities, with more than a third of all cyber-attacks originating from China.
What is the size of China’s ‘hacker army’?
China’s hacker army could be upwards of 100,000 personnel strong, larger than the size of many nations’ actual military.
What is the significance of China’s economy?
With the world’s second largest economy, China leverages its huge population to encourage businesses to manufacture products at lower costs.
Why is China attractive for manufacturing?
China’s large workforce can be paid very little, and workers can be easily replaced if they object.
How does China’s economy influence other countries?
China’s economic power makes it very influential, as many countries try not to upset China to maintain trade relations.
What was the total trade in goods and services between the UK and China in 2024?
The total trade was £89.0 billion.
How does SHEIN contribute to China’s global economic power?
SHEIN, founded in China in 2012, ships to 150 countries and has revenue that outstrips major competitors like H&M and Zara.
What is ‘the Shein village’?
The Shein village in Panyu is home to about 5,000 factories, most of which are suppliers for SHEIN.
What was China’s growth rate in 2024?
China’s growth rate in 2024 was 5%, meeting the government target.
What is the expected growth target for China in 2025?
China is expected to maintain a roughly 5% growth target in 2025.
