with The Real Estate Bubble China’s Urbanization and Real Estate Bubble China’s urbanization over the past few decades has been so fast that the country’s urban population has jumped from just about 10% in 1949‚ when the People’s Republic of China was established‚ to nowadays over 50%. Looking back China’s history of modern urbanization‚ the rapid urbanization actually began from 1978‚ when the country opened the door to the world with Chinese leader Deng Xiaoping’s economic reform. According
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A Power in the East- The Rise of China In the last four to five decades‚ China’s growth has elevated it as a country to a position of major superiority and power. It has become what is seen as a superpower in the modern world‚ an Eastern country joining the ranks of the Western giants. The country nicknamed ‘the Dragon’‚ China has always been a strong nation with a great presence‚ but was overshadowed by western nations such as North America and Europe as they soared upwards during the industrial
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according to the All-China Federation of Industry and Commerce‚ which oversees this sector. Private businesses are now considered an important component of the socialist market economy of China. When their employees are combined with those working in the tiny family-owned businesses‚ called geti (individual businesses)‚ the total number of workers they employed in 1998 was close to 15 million‚ according to the State Statistical Bureau. At its 50th anniversary the People’s Republic of China faced several
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China vs. Human Rights Over the past few decades‚ the world witnessed the astronomical rise of countries once considered “third-world”. Perhaps‚ the most quintessential of all is the rise of China. Evidences of the middle kingdom ongoing industrial revolution are present in the air‚ in its water‚ and in the vast transformation of the country’s landscape. “A total of sixteen out of the top twenty most polluted cities are in China” (Walsh). While 2010 marks the year China surpassed Japan as the world’s
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Individualism - the lack of it or the excess of it - has often been considered a major problem in the modernization of China. In the early decades of this century reformers championed individualism in opposition to traditional authority in both thought and social life‚ and especially in opposition to the "Confucian" family system. Others contended that what thwarted China’s modernization was not the absence of individualism but rather a surplus of it. The common term for "individualism"
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Economic environment Until the 1970s China was a closed off agricultural based economy‚ in the late 1970s China opened up to the world‚ and since then China has become the largest exporter of goods in the world. China has still maintained some of its agricultural roots by remaining the leading exporter in agricultural goods such as rice‚ wheat‚ and tea(CIA Fact Book). China’s economy is a fast and rapid growing economy with a GDP of $12.61 trillion in 2012‚ making it the 3rd highest GDP in the
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The trade between the United States of America and China have become essential aspects of this trade alliance‚ and these strategic trading partners have shed light to the world’s current economic trends‚ considering that the United States carries the largest economy while China has the second largest. When analyzing this trade and China and the United States relationship‚ there are important factors that need to be considered‚ such as the United States Trade Deficit‚ its consequences‚ relevant history
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Confucianism in China: Past and Present China‚ a country of ancient history and tradition‚ known for having one of the oldest roots in history and carrying on ancient practices to the modern day‚ but China is rapidly changing‚ with new beliefs‚ practices and cultural ties China is rapidly becoming a world power‚ reforming those old traditions and creating new ones. However‚ the influences of ancient philosophies‚ such as Legalism‚ Taoism‚ and Confucianism‚ can still be felt in modern China influencing
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environmental protection (Hu‚ 2011). With the rapid development in China‚ the government takes the index to measure the national happiness. However‚ there is no exact quantitative definition about how many factors influence the GNH. The paper therefore will analyze the factors that impact China’s gross national happiness from social‚ economic and politic perspective. Social Factors The education system Education in China does not focus on the students’ practical ability and interests in studying
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CHINA High Speed Train The key technologies and maintenance system Gan Dunwen Associate Researcher China Academy of Railway Sciences 中国高速铁路网规划 China high speed railway development planning ¾ Speed upgrade on existing railways: 200 ~ 250km/h， 8000 km ¾ 41 Passenger Dedicated Lines by 2012‚ more than 13000 km; ¾ 16000km by 2020 CRH R&D System CRH R&D System Contents Key technologies for High Speed Trains HSTs Maintenance System in China Challenges to CRH Key technologies for HSTs
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