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China Economic 315 Project Essay

2409 words - 10 pages

1. Select a developing country and situate it geographically (continent, countries bordering it).
China is a developing country. The land boundaries are Bhutan, India, Kazakhstan, North Korea, Kyrgyzstan, Laos, Mongolia, Myanmar, Nepal, Pakistan, Russia, Tajikistan, and Vietnam. China is 9.5 million square kilometers which is smaller than the U.S., however, if you include Mongolia then it would be 11 million square kilometers. China’s water boundaries are the East China Sea, Korea Bay, Yellow Sea, and the South China Sea.

2. Provide the following information: ethnic and religious compositions, colonial history if any, year of independence if any, form of government, and main sources ...view middle of the document...

The highlighted are the major ethnics.

After the Opium War of 1840, China was reduced to a semi-colonial and semi-feudal country. Even through, China tried to prevent this from happening, the corruption within the Qing Dynasty capitulated to the Britain time and time again to benefit individual officials. With the Qing Dynasty weak, Britain, the United States, France, Russia, and Japan took advantage of China by forcing them to sign unequal treaties. This is the beginning of the fall of the Qing Dynasty. The Revolution of 1911 overthrew the last emperor of the dying dynasty. From then on, it was there were more uprising and revolution to the already trouble country. The two main leaders of during this time period was Mao Zedong, of the Communist Party of China and Sun Yat-sen, of the Kuomingtang (KMT) which was a democratic country. After the death of Sun Yat-sen, Chiang Kai-Shek led the KMT which resulted in the “10-Year Civil War.” Chiang Kai-Shek lost to CPR and fled to Taiwan where he reigned as the dictator until his death. October 1, 1949, the People’s Republic established. After Mao Zedong came into power, there was the Cultural Revolution which helped the national income increased by 58 percent in term of constant prices and brought about social changes. Today, China is a Communist party or Socialist country that is rapidly moving in the direction of capitalist world.

When measure the nominal GDP, China economy is the 3rd largest in the world. The main sources of the economic activities are the increasing amount of foreign investment and the trade and services. The machine and electronics in China have become some of the leading industries in the nation. The automobile industries are also booming. There is an increasing amount of capital inflows that the government is trying to reign in by using monetary policies.

3. For the following years (1995, 2000 and 2005), give the structure of the economy of your country (share of agriculture, industry and service as a % of GDP).
|Years |1995 |2000 |2005 |
|Agriculture |21 |16 |14 |
|Industry |49 |50 |50 |
|Service |31 |33 |36 |

4. What’s the population of this country? What’s fraction of people living in urban area? How does this fraction change over time?
The total population is 13.2 billion or about 1,320,000,000. There is about 42 percentage of the China population is living in the urban area.
From 1978-2004 China’s cities expanded at an average rate of 10% annually; 17.9% to 41.8% where its population increased from 170 million to...

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