소개글
지난 30년간의 중국 경제의 지표를 담고 있다. 다각적인 시각으로 현재 중국시장의 상황을 평가하는 글이다.
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본문내용
“The 19th century belonged to England, the 20th century belonged to the U.S., and the 21st century belongs to China. Invest accordingly.”
Above is a quote by Warren Buffet. During the past 3 decades China has been one of the fastest growing economies. Since 1978, the “giant” has experienced average real growth of more than 9% a year, and in the year 2005 produced real per capita output that was nine times that of 1978. Both numbers are incredible compared to the outputs of other countries around the globe. China’s stunning growth performance began during Deng Xiaoping’s reform period, and there are 5 key factors that contributed to such results: the embrace of market forces, acceptance to trade and inward direct investment, high levels of savings and investment, reforms in the labor force, and investment in primary school education.
First, the major obstacle to economic growth in China prior to reform was that there was little connection between profits and productivity. The government allocated key industrial commodities and
참고 자료
1. Saletta, Chuck, <Why the 21st Century Belongs to China> February 3, 2009. Retrieved March 19th, 2010.
http://www.fool.com/investing/international/2009/02/03/why-the-21st-century-belongs-to-china.aspx
2. Tucker, Noah, <21st Century Socialism – How China Rises> November 4, 2007. Retrieved March 19th, 2010.
http://21stcenturysocialism.com/article/how_china_rises_01546.html
3. Central Intelligence Agency (CIA) The World Factbook, updated on March 5, 2010, Retrieved March 20th, 2010
https://www.cia.gov/library/publications/the-world-factbook/geos/ch.html
4. Hu, Zuliu & Khan Mohsin S., <Why is China Growing So Fast?> June 1997, Retrieved March 20th 2010
http://www.imf.org/EXTERNAL/PUBS/FT/ISSUES8/INDEX.HTM
5. Bergsten, C. Fred, Gill, Bates, Lardy, Nicholas R., Mitchell, Derek J., <The Balance Sheet China>, public affairs, 2006, pp. 18-39
6. Scalapino, Robert A., <Asia-Pacific Alliances in the 21st Century>, Oreum, 2007, pp. 19-27