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China's economic growth


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China's economic growth

  1. 1. China's economic growth Peter Sleeckx
  2. 2. Overview <ul><li>How China's economy began to grow </li></ul><ul><li>China ’ s strengths and weaknesses </li></ul><ul><li>Economic development </li></ul><ul><li>Conclusions </li></ul><ul><li>Sources </li></ul>
  3. 3. How China's economy began to grow <ul><li>1980: families are allowed to keep their surplus gain </li></ul><ul><ul><li>Growth peak 7,1 % </li></ul></ul><ul><li>1994: free price movements </li></ul>
  4. 4. China ’ s strengths and weaknesses <ul><li>Strengths </li></ul><ul><ul><li>Cheap labour force </li></ul></ul><ul><ul><li>Hard workers </li></ul></ul><ul><ul><li>Many people </li></ul></ul><ul><li>Weaknesses </li></ul><ul><ul><li>Poor countryside </li></ul></ul><ul><ul><li>Risk of overvalued property prices </li></ul></ul>
  5. 5. Japanese land prises 1984-2004
  6. 6. The biggest economy
  7. 7. Conclusions <ul><li>China is an exporting country with an economy worth $ 5.8 trillion </li></ul><ul><li>Experts expect that China ’ s economy will overtake the US economy within 10 years and be the biggest economy. </li></ul><ul><li>The GDP per head of the population is in china just over $7.500 compared to $ 34.000 in Japan. </li></ul>
  8. 8. Sources <ul><li> </li></ul><ul><li> </li></ul><ul><li> </li></ul><ul><li> </li></ul>