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China Trend Analysis

Ayman Shaukat topic one economics Higher School Certificate(HSC ) English 1 card

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  1. 1China Trend AnalysisChina is presently one of the largest economies in the world and as of 2014 it was the largest accounting for 16.3% of world GDP (IMF). It has a significant effect on the global economy and this can be seen by the way they affect other nations through economic performance (recent slowing down in the economy is synchronistic in other nations, Australia). In recent times there has been a shift towards domestic sources of growth rather than export driven. China has made rapid progress in economic performance and development by reforming to become more a capitalist economy from its socialist roots. It has been significantly involved in the global economy through international trade and foreign investment. This has resulted with improvements to income/capita, living standards and reductions in people living in poverty.

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Higher School Certificate(HSC ) topic one economics Flashcards on China Trend Analysis, created by Ayman Shaukat on 17/07/2016.
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