What are the reasons behind the growing economy of china?
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Factors Explaining the Rapid Economic Growth of China In Recent Decades
Levels: AS, A LevelExam boards: AQA, Edexcel, OCR, IB
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China’s rapid path to economic development is well documented and even though growth rates appear to be slowing, there is no doubt as to the pivotal role China’s economy is playing in the global economy.
China initially pursued an export-oriented path to industrialisation – similar to the Asian Tigers before them – but has begun to diversify into other sectors of the economy in the last ten years. It has done this with an unwavering determination to accelerate growth rates and expand its economic reach. As geographers, we need to understand the factors responsible for China’s economic success.
Factors Explaining the Rapid Economic Growth of China In Recent Decades
Levels: AS, A LevelExam boards: AQA, Edexcel, OCR, IB
Share on FacebookShare on TwitterShare on LinkedinShare on GoogleShare by email
China’s rapid path to economic development is well documented and even though growth rates appear to be slowing, there is no doubt as to the pivotal role China’s economy is playing in the global economy.
China initially pursued an export-oriented path to industrialisation – similar to the Asian Tigers before them – but has begun to diversify into other sectors of the economy in the last ten years. It has done this with an unwavering determination to accelerate growth rates and expand its economic reach. As geographers, we need to understand the factors responsible for China’s economic success.
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