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3 Important Factors. Dr Dennis Woodward says…. China: A Big Country. With Lots of People. Population 1.3 billion. Run by the Chinese Communist Party. Membership 78 million. China ’ s Growth. China ’ s Growth. Current Account Balance. Facts.
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3 Important Factors • Dr Dennis Woodward says…
With Lots of People Population 1.3 billion
Run by the Chinese Communist Party • Membership 78 million
Facts • The Chinese economy is the 2nd largest in the world. • “Measured on a purchasing power parity (PPP) basis that adjusts for price differences, China in 2009 stood as the second-largest economy in the world after the US, although in per capita terms the country is still lower middle-income.” – CIA World Factbook.
Challenges for China • One Child Policy: Now one of the most rapidly ageing populations in the world. • Environmental destruction. • Sustaining job growth. • Reducing corruption. • Urbanisation – migration from rural to urban. • Increasing domestic demand.
Challenges for China • 180 million people still live on less than $1 per day. • 1/3 of the population has no access to clean drinking water. • Separatist movements – Uyghur, Tibet…
National Interest for China • Economic development (sustainable) • Successional and Territorial integrity • Improved international standing • Creation of a socialist harmonious society (social equity) • Peaceful Rise • Regional Role • Environmental Protection