The On The Peoples Republic Of China s Economy - 3088 Words

The Peoples Republic of China’s economy is now the second largest in the world with an estimated gross domestic product of $9.24 trillion USD (China, 2014). This is the result of a strict economic reform policy put into place in 1978, which removed emphasis on the agricultural sector and moved to the energy intensive sector of manufacturing. The growing demand for energy often came in the form of highly polluting coal-fired power plants, but in 1992 the Three Gorges Dam was approved with construction beginning in 1994. The world’s largest dam was intended to produce power economically, reduce environmental impacts, and help to prevent floods downstream. However, the Three Gorges Dam is often seen as highly controversial due to foreseen and unforeseen problems that have arisen following its completion in 2012 (Jackson and Sleigh, 2000). The dam may be one of China’s largest environmental oversights and social failure in recent years. For more than 300 years the Ming Dynasty ruled China overseeing great growth and prosperity, the standards of living in China during the 16th century were unparalleled even by the West (Zhu, 2012). During their reign the Great Wall of China was built as well as the Forbidden City in Beijing. In 1644 however, the Manchus overthrew the Central Plain of China resulting in the end of the Ming Dynasty and the creation of the Qing Dynasty. The Qing Dynasty was initially prosperous for the Chinese people, continuing what the Ming Dynasty had builtShow MoreRelatedChina s Problems Of Dystopian Society1426 Words   |  6 PagesChina s Problems Andrew Bond Ms. Underhill HELA November 21 2016 China has been the biggest economic structure for quite along time, but there are horrible reasons for these, and these decisions are made by the people s republic of china. The people s republic is China s government, and they make all the decisions.A dystopian society is an unbalance in a nation about the people and the government; such as china, the people s republic of china, or their government, makesRead MoreThe Rise Of The Chinese Economy1441 Words   |  6 Pagesthe international economy. One such location is China, which experienced a major shift from a society revolved around independent sustenance in the agricultural industry into a society revolved around socialism, direct funding for the Chinese government through the Chinese people, and the mass-production of goods with high demand in the global market by co-operatives. Of course, the changes in the workings of the Chinese economy developed from the changes in the politics of China. On the 1st of OctoberRead Mo reChin Culture, Economic, Political, Military Perspective1060 Words   |  5 PagesChina: culture, economic, political, military perspective Class 13D 003-17 SGT Moreno, Adam Introduction China is a nation in East Asia whose vast landscape covers grassland, desert, mountains, lakes, rivers and more than 14,000km (8699.1967mi) of coastline. China borders 14 different countries; Afghanistan, Pakistan, Vietnam, North Korea, Russia, Bhutan, Burma, Nepal, Laos, Kyrgyzstan, Mongolia, Tajikistan, Kazakhstan, and India (Kallie Szczepanski). The capital Beijing mixes modernRead MoreTrade Balance Between China And The United States865 Words   |  4 Pagestrade balance between the U.S. and China. The trade balance between China and the United States will be determined for the most recent past five years. The trend will also be illustrated using a graph and will offer the insights into the trade balance between these two countries. The impact of foreign trade will be analyzed, to include the two countries economic growth during the selected period, 2009 to 2013. The issues, concerns and ramifications on China’s economy will be discussed, along withRead MoreChin Ch ina s History1152 Words   |  5 PagesChina China’s history dates back to four thousand plus years. In that time, China has created a culture rich in philosophy and the arts. China has made amazing technological advances such as silk, paper, gunpowder, and many other products. Chinese records reach over five thousand years back. It is difficult to cover even the most important events of this old society in a short space, yet here are some highlights. The first dynasty to rule China was the Shang Dynasty (1600-1046 BCE), followed byRead MoreChin The Worlds Most Crowded Nation1715 Words   |  7 PagesChina_A brief introduction: China, a socialist country in East Asia, is the world s most crowded nation. Its unfathomable scene includes field, desert, mountain ranges, lakes, waterways and 14,500km of coastline. Beijing, the capital, blends cutting edge building design with memorable destinations including sprawling Tiananmen Square. Its biggest city, Shanghai, is a high rise studded worldwide budgetary focus. The famous Great Wall of China fortress runs east-west the nation over north. It practicesRead MoreThe United States Of America1674 Words   |  7 PagesThe United States of America is the world largest single economy with a lot of trade activities with other nations. The country has traded with other nations for centuries hence it is an important economic partner (Jensen, Quinn Weymouth, 2015). The country normally has a lot of influence in the world trade since it serves almost all the nations worldwide. In fact, most of the trade policies that affect the whole world have been proposed by the United States of America. Moreover, the country isRead MoreHuman Resource Development : China1082 Words   |  5 PagesThe emergence of People’s Republic of China in the last two decades has been remarkable. This paper will analyse and review the procedures which led to human resource development (HRD) in China. People’s Republic of China is the world’s most populous nation with an abundance of manpower availability. The human resources in China were under-utilized because of many reasons. Since China got independence in 1949 till late 1970’s, they followed a highly centralized economic planning system, unlike theRead MoreChina Between The Republic Of China1661 Words   |  7 PagesAfter The Chinese Civil War ended in 1950, a separation of ‘‘old’’ China between the Republic of China (ROC, commonly known as â€Å"Taiwan†) and the People’s Republic of China (PRC, commonly known as â€Å"China†) created legal and pol itical dilemmas (Hsieh, 2016). They both declare the island of Taiwan is an integral part of their territories. Until the 1990s, Taiwan was able to conquer her diplomatic isolation by expanding the international trade and investment flows to all of her business partners regardlessRead MoreMao Zedong : China s Economic Leader1360 Words   |  6 Pagesideologies on china. When he became China’s leader in 1949 he wanted to change china entirely. More specifically, when it came to economy Mao wanted to create an equal standard of living for the chinese people and wanted to be a completely self sufficient country. Unfortunately towards the end of his leadership nearly millions of people had died from starvation and his strive for progression was a complete failure and lead his country in retrograde. After Mao’s death in 1976, China was struggling