25 years of economic reforms and growth unsurpassed in human history has made china the freight train economy of the world. China is not the biggest economy, but given time, there is no argument that china will be. However, in any given developing country there are several bottlenecks on important resources which can seriously hinder or even stagnate the economic development. In this report, the student will look at what issues the impending energy shortage china faces might mean to further development. How is the situation, what challenges does china face in energy production and consumption, and what might happen if these demands are not met?
This student will try to answer that question through looking at the general growth of china the last 25 years, look at GDP growth, and link this to the Energy consumption vs energy production ( and import) of china. By doing so, the student will try to answer the question
How does Chinas energy consumption correspond with its economic growing potential?
The seed of modern China was planted in December 1978; two years after Chairman Mao's death cleared the way for change. VP Deng Xiaoping established his level of authority by starting a reform of the Chinese economy. More openness to market economy, more openness towards FDI, and more foreign influence in the Chinese markets.
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