This video published by CGTN provides elementary background about China’s economy. It identifies challenges such as rising protectionism and a possible trade war with the US. The video summarizes five key measures being implemented to promote a sustainable economic growth. Chinese government is planning to deepening reform, reducing risk, alleviating poverty, implementing a prudent monetary policy and providing accessible capital market. The video not only provides information about China’s economic plan in the near future, but also incorporates statistics about policies that were carried out in the past, and whether they successfully resolve issues targeted.
This video is a documentary that reveals the ugly and harsh reality regarding China’s poverty. The video captures daily life of left-behind children (children who remain in rural regions of China while their parents leave to work in urban areas) and uses emotional appeals to criticize the large wealth gap existing in the country. The video incorporates an interview with a left behind child Yang Tianmei, who holds responsible for taking care of herself since she was six years old. By telling the story of Yang Tianmei, the publisher provides the audience an understanding of poverty in China and criticizes the government’s lack of action to close the wealth gap.
The China corruption report provides a snapshot of China’s current corruption status and how it negatively affects businesses. The report specifically report corruption within the judicial system, public services, land, tax and customs administrations. Corruption in these systems constitutes high risks for business as judges and administrators operate in an opaque manner and businesses have limited support when conflicts or challenging situations arise. The article also points out that China has one of the most restricted media environment; rights of speech are not protected, which discourages reporters to expose truth without upsetting the government. This article demonstrates that corruption and lack of democracy are issues that needed to be addressed by the government to promote economic growth.
The World Bank gives a general overview about the Chinese economy and its developing history. According to the World Bank, China’s economy has undergone rapid expansion since the market reform in 1978, and it becomes the second largest economy in the world. However, China remains to to be a developing country due to its low poverty standard. The government’s objective is to address issues regarding social and environmental imbalance to keep China’s economic growth sustainable. This article provides essential information about the economy’s current status and its hidden concerns; it also summarizes fiscal policies being implemented to address these issues.
The article is written by research professor Geoffrey M Hodgson, and it identifies six reasons that attribute to the decrease in China’s economic growth. According to Hodgson, factors such as lack of democracy and problem with property rights slow down the economy. This article is subjective, and is mainly based on opinions rather than facts. However, it does provide valuable information about hidden issues in the economy such as corruption, and lack of technological advancement, and insights about how to fix the economy.