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6 Cards in this Set
- Front
- Back
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Overview |
Spectacular economic growth in the past three decades due to globalisation The Chinese Government produced economic reforms that led to- Increased trade, FDI and encouraged the development of a market economy from 1978 |
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Guangdong |
Southern Province Population of 94.5 million China's second most populous region Average population density 486 people per km squared. Globalisation has had a massive impact upon the southern province |
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Economic Reforms |
1978 Chinese Government wanted to increase the standard of living by moving away from a command economy to a more market based one The opened China up to FDI and International Trade 1980s a number of special economic zones were established in the South 3 of which were in Guangdong 4 year slater 14 coastal cities were awarded the same status , among them was Guangdong's largest city, Guangzhou |
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Pearl River Delta |
1985 China extended it's open coastal area by creating 5 more economic zones One of which is the Pearl River Delta (PRD) and is the power house of China's export led industrial growth PRD became prosperous from making clothing, shoes, electronic equipment and toys. China produces 1/2 worlds microwaves and clothes, 2/3 of the world's shoes and 1/3 of all mobile phones |
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However |
Globalisation has only impacted 30% of the country, mostly costal regions. Massive amounts of atmospheric pollution from the manufacturing. People who die as a result of respiratory diseases die at the age of 50 in China
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To conclude |
Private sector generates 70% of China's GDP Economy is growing at 10% a year It's fuel the closing of the development gap economically, however socially and environmentally it is questionable |
