Isabella pdf for studies

1. China: rise in the world

2. Introduction
∙ China is second largest economy in the world
∙ China GDP is 19.91 trillion USD in 2022
∙ in 2020-21 surpassed the United States
becoming the wealthiest nation in the world
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3. HISTORY OF CHINA
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Mao Zedong
1949-1976
Mao zedong economics policies were massive failure
Due to Great leap policy, poverty and massive famine lead
To destruction of china’s economy.
Rebels were formed and people started to protest, to limit
those protest Mao started ‘’cultural revolution’’ under this
revolution , many political leaders and protesters were
executed

4. The rise of dengs Xiaoping
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Deng Xiaoping
1976-1997
After Deng Xiaoping came into power he reversed
the policies of Mao Zedong and introduced new
reforms in china his reforms were the main reason
for china’s economic growth in 1990s

5. The Reforms of 1990s
❏ Improvement of
national planning
system
.
❏ Transforming the
economic growth
pattern
❏ New macroeconomics
policy
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❏ Improvement in
market competition
❏ Promote private
sector involvement
❏ Maintain price
stability for a solid
foundation

6. 3 key point helped China's economic growth
Skilled labour Vocational training Cluster development
.
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7. THE GROWTH OF CHINA
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China focused on its economy and more on its people
Chinese government told other countries to invest in china whereas china invest on its people
With 95 crore workforce china become world’s factory

8. The end.
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