1. globalisation-china
Many guru economists such as Lawrence Summers predict that in the opening decades of the 21st century, china will match the US and Japanese economies. ... The government introduced a phased program of removing price subsidies on consumer good, which allowed the market to determine the price of goods to spur economic growth and encourage consumption. ... Eventually on June 4 1989, the government called upon hundreds of tanks and heavily armed soldiers who were to spread death and destruction in the main streets of Beijing. ... China's state owned enterprises have been extremely inefficient...
- Word Count: 2010
- Approx Pages: 8
- Grade Level: Undergraduate