Tuesday, January 7, 2020

Government and Economics in China Essay example - 1284 Words

Introduction China is one of the most populous countries of the world with over 1.3 billion people and covering a geographical area of about 9.6 million square kilometres. It lies on the eastern end of the large Asia continent and enjoys a remarkably long coastline. It has a large economy, given the large population and a wide array of natural resources especially mineral resources which are the backbone of its economy. With a well cultivated constitution that was put in place by the largest political party, the Communist Party of China (CPC), China has reforms underway aimed at closing the otherwise wide gap between the rich and the poor. The country suffers employment deficit, despite having one of the world’s largest economy. The†¦show more content†¦The legal system of Chinese government has lately disapproved abuse of official authority. With the adoption of a new constitution in 1982 under which any state official must be of high integrity and accountability, foreign invest ors feel safe and assured that their efforts are standing on firm foundation. The government of China has for ages had respect for human rights and has made several campaigns as a step towards bringing its human rights into conformity with international norms (Barboza 2010. Davis 2007). However, in practice, these rights are somehow limited to personal level module as the government does not readily allow assemblies and restricts the freedom of expression and the press. Religion freedom is also under restriction although the underway restriction efforts have not been as successful. The major economic activity is agriculture and the largest portion of the immense population of China engages in agriculture related activities. This is of enormous significance because a country with such a large population definitely requires a stable source of food. However, only 10% of the country’s land cover provides viable land for meaningful agricultural production. While this activity is highly mechanized, virtually all cultivatable land is put under production of food crops (Child 2009). Surprisingly, China produces enough agricultural products for local consumption and too, for export. China is a well industrialized country.Show MoreRelatedComparative Politics and the Peoples Republic of China1266 Words   |  5 Pagesthere is one regime that stands out to me. The rise of China as one of today’s economic powers is fascinating. When studying China’s political system on the form of comparative politics its best to look pass general questions. One has to study China’s whole system to truly understand its impact on all other nations. China has currently moved ahead of the United States in so many ways. Let’s consider the fact that not even 30 years ago china was considered impoverished country, but today it’s aRead MoreChina s Problems Of Dystopian Society1426 Words   |  6 PagesChina s Problems Andrew Bond Ms. Underhill HELA November 21 2016 China has been the biggest economic structure for quite along time, but there are horrible reasons for these, and these decisions are made by the people s republic of china. The people s republic is China s government, and they make all the decisions.A dystopian society is an unbalance in a nation about the people and the government; such as china, the people s republic of china, or their government, makesRead MoreChinas Economic Growth Process in a Nutshell1688 Words   |  7 PagesIntroduction: China has achieved brisk economic growth since late 1970’s, with an average annual growth rate of 9.8% over the past 27 years. Such economic growth owes not only to economic reform began at the end of 1978, when the third session of the Central Committee of the 11th National Congress of Chinese Communist Party was held and later regarded as a landmark in the existing Chinese history, but also to administrative reform accompanying with economic reform. Administrative reform has beenRead MoreEconomic Growth Is A Macroeconomic Policy Objective For Countries1467 Words   |  6 PagesDEFINITION Economic growth is a macroeconomic policy objective for countries. The growth of economies have two meanings. 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After the world war 2, under the Mao’s control, China’s sovereignty imposedRead MoreEconomics the Rest Essay1464 Words   |  6 PagesBSB 113 Economics Semester 2 2011 Assessment 2: Research Summary Submission date: Friday 23rd September Name: Michael Andrew Smith Lecturer: Louisa Coglan Tutor Name: Wasantha Athukorala Student Number: N7408625 Word Count: 1086 Introduction The purpose of this research report is to provide an overview of China’s economic growth in relation to the long term economic growth drivers. Critical assessment will be made on the growth drivers to determine whether they lead to longRead MoreChina As A Developmental State905 Words   |  4 PagesChina as a developmental state The extraordinary economic growth of China in the past 30 years is a miracle in many aspects. China has the second highest GDP in the world after the United States, and it is expecting that to surpass the American economy by 2025 (Zhao, 2014). Comparing the GDP of 2012 and 1978, there was a 142 times increase. The GDP per capita has increase 101 times as well. It has lifted more than 500 million people out of poverty (Zhao, 2014). This economic miracle is credited toRead MoreThe Causes and Future of Taiwan and Hong Kongs FDI in Mainland China844 Words   |  4 PagesFrom 1979-2000, China pursued a policy this promoted FDI related to export promotion, which contributed to Taiwan and Hong Kong investment, because it helped it helped protect China’s local businesses. Market driven FDI, which is primarily what the US, EU and Japan are interested in investing, was limited in China because it would potentially hurt Chinese firms due to intense competition from western firms (Naugh ton, 403). The â€Å"western† firms were less interested in investing in China for export purposesRead MoreAustralia vs. China: An Economic Comparison1455 Words   |  6 PagesAustralia and China adopt very different economic systems in order to cater the best for their society. However, Australias economic system is more successful than Chinas and, due to the writers right-wing value system, will be measured in terms of environmental efficiency, labour and entrepreneurial resource efficiency and the standard of living. The basic economic problem for any country is that resources are scarce while wants are infinite. This means that countries must decide what to produceRead MoreThe American And Chinese Communist Revolutions1363 Words   |  6 Pagesin their government was due to an unpopular method of rule. In both China and America, the forms of government previous to their revolutions and extreme political changes were despised among a majority of the commonplace citizens. Although, the two countries did not like their ruling bodies their forms of government were in fact were completely different. China was nationalist, and England was a monarchy. The last major accelerator that affected these political changes was their economic status.

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