1 / 12

Class Notes: Democracy or Communism? China’s Economy

Class Notes: Democracy or Communism? China’s Economy. China’s Economy Since 1978, China has shifted from a centrally planned economy (communism) to a more market-type economy (capitalism). GDP = $13.37 trillion (2013)(second largest economy in the world in purchasing power after U.S.)

dasha
Download Presentation

Class Notes: Democracy or Communism? China’s Economy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Class Notes: Democracy or Communism? China’s Economy

  2. China’s Economy • Since 1978, China has shifted from a centrally planned economy (communism) to a more market-type economy (capitalism). • GDP = $13.37 trillion (2013)(second largest economy in the world in purchasing power after U.S.) • Labor Force= 797.6 MM workers (approximately 2.6 x U.S. population) https://www.cia.gov/cia/publications/factbook/geos/ch.html

  3. China’s Economy • China's GDP will rise from $13.37 trillion in 2013 to $20.3 trillion in 2016, the US' economy will increase from $16.72 trillion to $19.7 trillion. • China's portion of the global economy will increase from 14% to 23.8%, while the US' share will decrease to 20 percent. • Source: "China's economy to surpass US in 2016: IMF." Business Daily Update 26 Apr. 2011. Gale Power Search. Web. 8 Feb. 2012. https://www.cia.gov/cia/publications/factbook/geos/ch.html

  4. China’s Governmental Paradox • Freedoms… • Government encourages business development • Citizens free to buy & sell whatever they want • Work at any job • Anything that helps China economically goes… • Gov’t lowered cost of cell/internet to shrink digital divide

  5. Controls… • People have limited political freedoms • Cannot speak out against the sovereign right of the communist party in China to rule and govern China in any manner they want. • Government authorities can block access to internet (YouTube, etc) and text messaging/phone services – this censorship is difficult

  6. Example: Tiananmen Square 1989 • Pro-democracy rally that thousands gathered at over a three-week period • International media watched as events unfolded • Chinese government used force to disperse crowds—drove tanks into crowd and shot at protestors…with the world watching…

  7. Example: Tiananmen Square 1989 • People in their 20’s don’t know this happened!! Why is that??

  8. Economic Challenges • To sustain adequate job growth for tens of millions of workers laid off from state-owned enterprises, migrants, and new entrants to the work force. • To reduce corruption and other economic crimes. • To contain environmental damage and social strife related to the economy's rapid transformation.

  9. Presidential Comparison • Deng Xiaoping opened Chinese economy to free market reforms – he accepted technological advances because they were a part of modernization • Current President Xi Jin Ping has called for new reforms to prevent corruption and continued economic reforms in China

  10. Where’s Mao? • Who controls what goes into textbooks in China? • What has the government chosen to focus on? • What have they dropped from their textbooks? • The Chinese government • Economics, technology, and globalization • Communist revolutions and socialist theory

  11. Where’s Mao? • Mao Zedong is mentioned once- in the etiquette section • Goal is supposedly to create a “more stable, less violent view of the Chinese history that serves today’s economic and political goals. • Textbook downplays The Great Leap Forward, the Cultural Revolution, Tiananmen Square 1989

  12. Bottom Line… Economic Successes and Freedoms = Political Freedoms

More Related