1. China's Economy
Government Finance: l think that the government should stop making up for losses of state-owned firms, and stop paying subsidies to these firms and consumers, hence the budget gap would be more than closed. Why privatisation may not be needed: Privatisation in many cases may not be needed because the government supports many businesses and purchases their products. ... In the past, communism led to low productive workers, because the more profits they made, were taken from government. ... China will also receive a lot of foreign investment from countries, especially japan, which will hit poor...
- Word Count: 953
- Approx Pages: 4
- Grade Level: High School