PowerPoint Presentation

Chinas Role in Global Economy

Saaleh Amin (140121)OverviewHistorical BackgroundProblems With current model of developmentRebalancingGlobal ImplicationsBackgroundState Socialist Economy 1949-1978WTO entry in 2001Key features of development:High levels of FDIExport OrientationWage repressionInternal ChangesShift away from agricultural sectorLargest migration in human history 260 million rural migrants

Global ImpactMassive relocation of manufacturing to coastal china.US outsources production, China outsources consumption.

2008 CrisisCollapse of export sector.20 million migrants out of work.RebalancingReduce Investment.Global Imbalance.Regional Inequality.Ecological Destruction.

Global ImplicationsPotential for ecological catastrophe.Increasing wages a god sign.Could China lead us to a more sustainable global economy ?Thank You