problems from china's economic growth

Question 1

1. Increased pollution

Answer 1

• Increased ownership, untreated sewage poured into rivers, smog problems, and worsening air quality.

Question 2

2. Power shortage

Answer 2

• The increased demand for power has created projects that cause social and environmental problems.

Question 3

3. Regional inequality

Answer 3

• Better working conditions in the south and eastern regions lead to migration towards the east, leading to regional inequality

Question 4

4. Property boom

Answer 4

• Increased wealth leads to higher demand for housing, which leads to an increase in prices

Question 5

5. Unemployment

Answer 5

• Increase in automation leads to reduced labour needs
• Mismatch between the education system and job market.

Question 6

6. Undervaluation of the yuans

Answer 6

• The strong economic growth in China has led to the deliberate undervaluation of the yuan to maintain export competitiveness.
  -increase in exports creates jobs and increases the likelihood of trade surplus.
• But it’s also creates inflation which leads to higher import coast.

Question 7

7. Large aging population

Answer 7

More costs invested in healthcare lead to less gov revenue.