China's Dramatic Growth

In: Other Topics

Submitted By llliekee
Words 860
Pages 4
Many people know China is a rapidly growing country with hard-working and high-educated people. The west is suffering a recession, and the economy isn’t growing a lot. Besides that, the west is lending a lot of money from China. This makes people wonder if China’s dramatic economic growth and political influence is threatening the west. But is this really true?

The first notable economic trend is that China and the West are relying on each other. China is lending a lot of money to the west. China is the largest single holder of U.S government dept. The most obvious reason for this might be that China wants to prevent the west from always staying in a recession; since the west is China’s biggest export market. In this way they are both relying on each other. China is relying on the west as export market, and the west is relying on China as holder of dept. This can be seen as threat for both.

A second notable economic trend is that China is exporting a lot. China’s export was worth 177.97 Billion USD in August of 2012. (Trading economics, 2012). As a result of this, you can find the words you’re probably familiar with “Made in China” in every big store, on many different products. China exports everything; from Apple computers to organic products. This great export happens because China produces products cheaper than the west, since the labour costs are lower there. This leads to a lot of outsourcing to China, which has a negative influence on the employment rate in the west.

Besides exporting products, China is also very good at copying products. They do this because sometimes the government doesn’t allow importing products from the west. But at the same time, products are copied because a lot of customers are interested in cheaper versions of products. Not only the price but also the non-awareness about existing, original products, makes the copying of…...

Similar Documents

Growth

...Macro Assignment Tahirah Smith- 409002047 Question 1 Consider the following between the real money supply and the growth rate of money: Δ(M/P) /M/P=-γu where M is the money supply, P is the price level, γ is a constant of proportionality and u is the constant growth rate of money. a) The relationship measures the sensitivity of real money balances to the growth rate of money. The equation shows that the growth rate of money is inversely related to the real money supply, i.e. if the growth rate of money increases, the level of real money supply will fall. b) The price level is proportional to the money supply and to hold the growth rate of money constant the price level will have to increase in proportion to an increase money supply or fall in proportion to a fall in money supply. c) If the growth rate of money increases while holding the money supply constant, the price level will have to rise since overall real money balances need to fall. d) If the growth rate of money is reduced, the central bank would have to increase the money supply if they also wish to hold the price level constant. Question2 a) Nominal value of government interest payments = nominal interest rate × initial debt Country A: Country B: 0.07 × $2,000 0.02 × $2,000 = $140 = $40 b) Official government deficits = Revenue – Government spending – Nominal interest payments Country A: Country B: $340 - $200 - $140 $340 - $200 - $40...

Words: 1266 - Pages: 6

Dramatic Iron & the Yellow Wallpaper

...The story “ The Yellow Wallpaper” is written in first person, and uses some dramatic irony throughout the story. The main character is a women who is mentally ill, her husband who is a physician moves her to a colonial mansion so that she can recover from her illness. She is given a room upstairs with yellow wallpaper, barred windows, and rings in the walls. She believes that the bars are because it use to be a nursery, and the bars were for the children's protection. This is irony because the narrator believes that the windows were barred for little children, but we as the reader know that the room is for an insane person. Another example of irony is the contradictions of the narrator's own statements. She states, "I am glad my case is not serious!”, followed by "But these nervous troubles are dreadfully depressing" and "John does not know how much I really suffer." She agrees with her first statement that her "case is not serious" by saying "Of course it is only nervousness". Another example of irony is that the husband believes that having his wife in the room is making her better, he states “You know this place is doing you good”, but in reality it causes her condition to worsen, and to pretty much have a mental break down. I think that the use of irony is the further depict the real insanity of the woman. In all the places irony is used in context it seems to make her mentally unstable....

Words: 257 - Pages: 2

Dramatic Analyses of Antigone

...NAME: EMMANUEL ALICE LAMBAJO COURSE: STUDIES IN DRAMA QUESTION: ATTEMPT A DRAMATIC ANALYSIS OF THE PLAY ANTIGONE BY JEAN ANOUILH Dramatic analysis is the process of identifying the elements of the structure of a dramatic work such as a play, or film. There are six elements used when analyzing a drama which includes: exposition, inciting incidence, rising action, climax, falling action and the resolution. The exposition provides the background information needed to properly understand the story, such as the problem in the beginning of the story. It introduces the characters and the basic conflict in a play. Inciting incidence is an incidence which comes after the introduction of the characters and the basic conflicts. The rising action is when the basic internal conflict is complicated being the introduction of related secondary conflicts including various obstacles that frustrate the protagonist attempt to reach his goal. Climax, also referred to as turning point marks a change for the better or the worse in the protagonist affairs. Falling action therefore, is a moment of reversal after the climax. The conflict between the protagonists unravels with the protagonist winning or losing against the antagonist. Denouement, resolution or catastrophe comprises the event between the falling action and the actual ending scene of the drama. It serves as a conclusion of the story where the conflicts are resolved. Jean Anouilh’s Antigone is an adaptation of...

Words: 1408 - Pages: 6

Growth

... that belongs to … a. Israel b. Palestine c. Iran d. Iraq 41. Jeffrey L. Bewkes is the chariman and CEO of … a. Time Warner Inc. b. Oracle c. IBM d. McDonalds 30. 31. 32. 33. 34. Which of the following personalities is the Prime minister of Bangladesh ? a. Abdul Hamid b. Sheikh Hasina c. Zillur Rehman d. None of these Which of the following represents the expansion of ‘W’, in ‘W-CDMA’? a. Wide b. Wideband c. Width d. Wireless ‘Your Potential Our Passion’ , is the tag line that is associates with ... a. Motorola b. Microsoft c. Siemens d. Accenture This country's first lunar probe Chang'e-1 crashed on moon successfully (that was planned) in 2009. This Chang'e-1 belongs to… a. Israel b. Iran c. China d. Saudi Arabia ‘Next’, is the name of the retail chain of …. a. Marico Industries b. Dabur Industries c. Videocon Industries d. None of these General Knowledge Take Off MBA Test Prep Page: 19 42. 43. This person was appointed as the Federal Chief Information Officer in the Obama administration and is the highest ranking Indian American in the administration. Who are we talking about here? a. Aneesh Paul Chopra b. Raj Shah c. Vivek Kundra d. None of these ‘Powering growth responsibly’, is the tag line that you would associate with… a. NHPC b. BHEL c. NTPC d. SAIL 44. Vittorio Colao will be the new chief executive officer of this telecom giant. We are talking about… a. AOL b...

Words: 14520 - Pages: 59

China's Dramatic Growth

...Many people know China is a rapidly growing country with hard-working and high-educated people. The west is suffering a recession, and the economy isn’t growing a lot. Besides that, the west is lending a lot of money from China. This makes people wonder if China’s dramatic economic growth and political influence is threatening the west. But is this really true? The first notable economic trend is that China and the West are relying on each other. China is lending a lot of money to the west. China is the largest single holder of U.S government dept. The most obvious reason for this might be that China wants to prevent the west from always staying in a recession; since the west is China’s biggest export market. In this way they are both relying on each other. China is relying on the west as export market, and the west is relying on China as holder of dept. This can be seen as threat for both. A second notable economic trend is that China is exporting a lot. China’s export was worth 177.97 Billion USD in August of 2012. (Trading economics, 2012). As a result of this, you can find the words you’re probably familiar with “Made in China” in every big store, on many different products. China exports everything; from Apple computers to organic products. This great export happens because China produces products cheaper than the west, since the labour costs are lower there. This leads to a lot of outsourcing to China, which has a negative influence on the employment rate in the...

Words: 860 - Pages: 4

Dramatic Irony in Hamlet

...Dramatic Irony In Hamlet There are several accounts of dramatic irony utilized in ‘Hamlet’ but one that was most effective to the overall play was in act 1 scene 5, when Hamlet converses with the ghost of his father. In this scene, the ghost came to Hamlet to reveal Claudius as his murderer and explained how his brother came to him in his sleep and poured poison in his ear. The ghost of Hamlet’s father tells him to avenge his death but not act violently towards his mother. Soon after, Marcellus and Horatio approached Hamlet but the ghost had vanished and Hamlet requested that the two not speak of the ghost’s visit to anyone. The important truth of old Hamlet’s murder will contribute to shape the plot and define Hamlet’s actions. Without the confession of the ghost, Hamlet would have no knowledge of the truth behind his father’s death. Therefore, every aspect of Hamlet’s ‘madness’ is defined by the new found truth that has been bestowed upon him. This scene creates dramatic irony throughout the play because the motives of Hamlet’s behavior is made clear to the audience. The lack of this scene would be inadequate because Hamlet would have no incentive to avenge his father’s murder because his knowledge stretches to believing a snake bite killed him. The audience is aware that Hamlet’s actions have meaning and everything he does contributes to his prior knowledge of the death/murder. This scene also contributes to other dramatic ironies like the mock play that upsets...

Words: 636 - Pages: 3

Dramatic Irony in Hamlet

...Example of Dramatic Irony from Acts I & II|CharactersInvolved|Sympathy? Antipathy?|Reason your sympathies lean as they do|Evidence – Lines and Explanation of Effect| Act #1, Scene #1|Hamlet, Claudius, Marcellus, Horatio, Barnardo|I sympathize Hamlet and I antipathies the King.|I feel sympathy for Hamlet because in the next scene everyone is mourning over the King’s death and Hamlet is devastated by the events of his father. Even though the audience knows that Hamlet will see the Ghost of his father and not be in mourning anymore, seeing him in such pain and heartache makes me sympathetic for him. I feel antipathy for the king because he is a devious, ruthless politician, compelled by his thirst for power. A man who knows no bounds+, going as far as to murder his own blood.|Horatio: “…Let us impart what we have seen to-night, Unto you Hamlet, for upon my life, This spirit, dumb to us, will speak to him:…” (Act 1, Scene 1)| Act #2, Scene #2|Claudius, & Voltimand|I antipathies the King.|In this scene the King hears news from the two courtiers with a letter saying that the King of Fortinbras had been misinterpreted and mistakenly were going to send the war over to Denmark. I feel antipathy for the King because he would naively allow the Fortinbras free will to pass through Denmark to get to Poland, so that the Fortinbras may wage war against the Polack. I say naively because the king doesn’t know that the Fortinbras have no intentions to attack Polack. They only intend to kill...

Words: 441 - Pages: 2

Dramatic Irony of Wisdom

...THE DRAMATIC IRONY OF SOLOMON’S REQUEST FOR WISDOM INTRODUCTION King Solomon was a scholar and intellectual who knew the importance of discernment and wisdom in governing the people of Israel. He knew that it was important enough to ask God to grant him this wisdom rather than health, wealth or prosperity. The granted wisdom would ultimately lead to his downfall from God’s grace. Solomon, born to David at the height of his reign, never knew simplicity, David had erred once in fidelity, resulting in marriage to Solomon’s mother; Solomon erred many times over by marrying hundreds of pagan wives. Any service Solomon did perform for his people was more self-centered than other-centered. Living a lifestyle so far outside of God’s protective ideals resulted in a growing love for self, rather than for God. Solomon differed greatly from David, even early on, in his seeming lack of the passionate love for God that David possessed. His choices did nothing to kindle a growing love for the God he honored (Foster, 2005, 492). This paper will discuss how Solomon’s request for wisdom is an example of dramatic irony on the part of the Kings historian. This will be accomplished by defining what dramatic irony is and then examining Solomon’s character and the early years of his reign as king of Israel. The wisdom that he requested led to choices that he made in his personal and professional life that...

Words: 2971 - Pages: 12

Role of Dramatic Text in Performance

...With Reference to Two or More Examples Discuss the Role of Dramatic Text in Performance The role of dramatic text in performance is not a question that has a simple, straightforward answer. A dramatic text is a text that has been written for it to be delivered by some form of media, for example theatre, film or television. A performance text on the other hand is a version of the dramatic text, which is what ultimately gets performed. Therefore, to put it simply, a performance text is a version of a dramatic text that has been annotated and altered for the actual performance. This complicates the role of dramatic text, as there can be various different performance texts just for one dramatic text. Therefore you have to question, after a certain period of time, if the performances turn further and further away from what the dramatic text is trying to convey? Considering William Shakespeare’s Hamlet, which is such an ‘iconic text of world theatre’ (Lavender, 5), you can compare the role of the dramatic text when it was first published and performed in around 1603 with performances leading up to the present day. This is something which doesn't only differ depending on what time period it is being performed or how renowned the text is but it differs from performance to performance mainly because of the various different concepts the directors have with this singular play. However, factors such as the set or audience can also have a considerable effect...

Words: 2656 - Pages: 11

Growth

...VERMICOMPOST TEA: EFFECTS ON PAK CHOI (BRASSICA RAPA CV . BONSAI, CHINENSIS GROUP) GROWTH AND YIELD, PHYTONUTRIENT CONTENT AND SOIL BIOLOGICAL PROPERTIES A DISSERTATION SUBMITTED TO THE GRADUATE DIVISION OF THE UNIVERSITY OF HAWAI’I IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE OF DOCTOR OF PHILOSOPHY IN TROPICAL PLANT AND SOIL SCIENCES AUGUST 2011 By Archana P. Pant Dissertation Committee: Theodore J. K. Radovich, Co-Chair Nguyen V. Hue, Co-Chair Robert E. Paull Susan C. Miyasaka Norman Q. Arancon Brent S. Sipesi ACKNOWLEDGMENTS I wish to thank my Co-Advisors, Dr. Theodore J. K. Radovichand Dr. Nguyen V. Hue, for their guidance, encouragement, and continuous support throughout my graduate program. I am grateful to my dissertation committee members; Dr. Robert E. Paull, Dr. Susan C. Miyasaka,Dr. Norman Q. Arancon and Dr. Brent S. Sipes for their intellectual comments, suggestions and encouragements. This research was supported by grants from the Western Sustainable Agriculture Research and Education (WSARE)and the Tropical and Subtropical Agriculture Research (TSTAR) Programs of the USDA.I appreciate the services provided by Waikiki Worm Company, HI, the Agricultural Diagnostic Service Center, University of Hawaii, Microbial Matrix Systems, OR, and the National Research Council, Saskatoon, Canada. I would like to thank Dr. Teresita Amore, Dr. J. P. Bingham and Dr. Travis Idol for granting me access to their laboratories...

Words: 657 - Pages: 3

Growth

...This is the second homework assignment on chapter 7. This too is due on Monday, March 7. Please show your answers on the answer sheet. Name: __________________________________ Date: _________________ 1.|Assume two economies are identical in every way except that one has a higher saving rate. According to the Solow-Swan growth model, in the steady state the country with the higher saving rate will have ______ level of total output and ______ rate of growth of output per worker as/than the country with the lower saving rate.| A)|the same; the same| B)|the same; a higher| C)|a higher; the same| D)|a higher; a higher| 2.|Examination of recent data for many countries shows that countries with high saving rates generally have high levels of output per person because:| A)|high saving rates mean permanently higher growth rates of output.| B)|high saving rates lead to high levels of capital per worker.| C)|countries with high levels of output per worker can afford to save a lot.| D)|countries with large amounts of natural resources have both high output levels and high saving rates.| 3.|The Golden Rule level of capital per worker is the steady state level of capital per worker with the highest level of:| A)|output per worker.| B)|capital per worker.| C)|savings per worker.| D)|consumption per worker.| 4.|In the Solow-Swan growth model of an economy with population growth but no technological change, if population grows at rate n, then the total stock...

Words: 1385 - Pages: 6

George Orwell's 1994 Dramatic Elements Critique

...“No one is free, even the birds are chained in the sky.” – Bob Dylan A spotlight moves through the audience, searching, staring deep into the minds of the victims as they sit unknowing of their fate. Democracy has fallen and there is no hope. The lights fade and there is silence. The stage is empty. Big Brother is watching. George Orwell’s novel 1984 springs to life with this stage adaptation presented by the highly entertaining theatre company Shake and Stir. In the totalitarian society of 1984, lies, myths and false information dictate the population and this is portrayed beautifully in the theatrical presentation of the novel. 1984 tells the story of Winston, a man with no hope, the party controls his life, his not his mind. He believes that the party is spreading false truths to retain power over the people, and to rebel, he commits ‘thought crime’ by thinking and writing about taking down the party and destroying the power that they possess. Little does he know, the party is onto him. Orwell uses this as a comparison to the real world. It is his view that the If communist governments take over the world there will be no escape from their supreme rule. He instead believes in democratic socialism where there are still free elections. Socialism stops privatization by establishing collective ownership of major factors of production. And if there is no privatization the theory is there will be no corruption. Well executed dramatic elements of role, mood...

Words: 1465 - Pages: 6

Dramatic Irony in Casual Wear

...Jordan Vickers English 101 3/1/15 Dramatic irony is a form of writing where the intended meaning of the words are very different from the actual meaning. The poems “Casual Wear” by James Merrill and “The ABC of Aerobics” by Peter Meinke are both examples of dramatic irony. James Merrill uses dramatic irony to satirize the wife tourist’s fancy designer clothes being worn by someone who could possibly die due to a terrorist act. Peter Meinke uses dramatic irony to satirize the fact that the protagonist runs for exercise but is also making fun of exercise in the poem. “Casual Wear” is written at first with a detached tone, then the tone changes to personal. “The ABC of Aerobics” is written with a solemn tone. James Merrill uses dramatic irony to satirize the wife tourist’s designer jeans and that she doesn’t know she will die. In the line “Signed with a Flourish, like the dead wife’s jeans,” the speaker is satirizing specifically the claim of responsibility from the terrorist, by comparing it to the fancy designer jeans. “Claiming Responsibility,” demonstrates verbal irony because the speaker is saying that the terrorist is claiming responsibility without actually taking responsibility. “People... of colored mist,” at the end of “Casual Wear,” the reader is left with empty, meaningless people. Peter Meinke uses dramatic irony to satirize the fact that the protagonist runs for exercise but is also making fun of exercise in the poem. The quote, “I join in despair knowing my...

Words: 502 - Pages: 3

Growth

...Personal Growth Plan Planning your personal growth goals, not a new concept but an important one to map out. Personal growth enables us to develop, to reach our full potential. Growing as a person is never easy, because it requires change. We as humans naturally get into a comfort zone and the only way to grow is to leave that comfort zone. The six growth goals of mines in no particular order would be: 1. Better public speaker, 2. getting healthier, 3. more outgoing, 4. better body language, and 5. accept changes, and 6. ignore negative situations. These six growth goals would help me become a better person, and complete me as a well rounded individual. Graduating in May, with an interest in the business world I know I have to become a better public speaker. Public speaking doesn't come naturally for me, but I must improve. First, goal of action is to volunteer now with events that would force me to speak. Then I could speak on topics that I am interested in. I feel as if I'm passionate about the topic, speaking about will be easier. I'll practice and prepare before every speech, to make sure I get the kinks out the way. I don't have a full list of classes left to take, so I can a public speaking course. Lastly, join a group such as toastmasters or something similar. My attended timeline for these actions would be a year from now. If I put effort into these plans on becoming a better public speaker, I will become one in due time. My personal and mental health is...

Words: 956 - Pages: 4

Dramatic Irony in Twelfth Night

...Kela Yard L6A1 English of Literatures – Drama Mr. King The Dramatic Irony in Twelfth Night Dramatic irony is a very important element of literature. The proper use of dramatic irony allows an audience to have a furthered understanding of characters, by allowing the audience to know things that the characters in the literature do not know. When used properly, this knowledge is used to create feelings of humour and suspense for an audience. Dramatic irony is therefore a very common literary element, and many famous authors and playwrights have used it to dramatize their works. Shakespeare for example, was known to use dramatic irony in many of his plays. The play “Twelfth Night” also known as what “What You Will” contains elements of dramatic irony which are used to create a very engaging and funny experience for the audience. He uses elements such as mistaken identity, separated twins, and gender crossing disguise. The afore mentioned elements therefore have a great impact on the amount of dramatic irony presented in the play. This dramatic irony contributes to the comedic effect of the play. The first example of dramatic irony disguise of Viola, who is saved after being shipwrecked by a captain who puts in to shore on Illyria. After learning that the captain knows the Duke of Illyria, Viola asks him to disguise her as a eunuch so that she may work for the Duke. In this disguise, that only the audience is aware of Viola is better able to perceive the true nature of...

Words: 1330 - Pages: 6