The Economic Booms Of China's And Should The West
Compare and contrast the economic booms of China and India’s and should the west consider this as a threat
It has been well known that China and India are having an economic boom whilst the west is in a recession. The question is whether China and India are going to slip into a recession as their rate of growth is thought to be “unhealthy”, this would put the western countries back into recession which is a very worrying prospect for a slowly recovering western world. China’s GDP (growth domestic product) is now over $4,211 billion a growth from $53 billion in 1978.
China is between a LEDC and a MEDC and is growing at a extremely fast rate which is thought to be “unhealthy”. China’s main port (which there are 200 of) are growing at a huge
It has been well known that China and India are having an economic boom whilst the west is in a recession. The question is whether China and India are going to slip into a recession as their rate of growth is thought to be “unhealthy”, this would put the western countries back into recession which is a very worrying prospect for a slowly recovering western world. China’s GDP (growth domestic product) is now over $4,211 billion a growth from $53 billion in 1978.
China is between a LEDC and a MEDC and is growing at a extremely fast rate which is thought to be “unhealthy”. China’s main port (which there are 200 of) are growing at a huge