China's Journey Case Question Business & Marketing Essay

China’s Journey Case Answers
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China’s Journey Case Answers
Answer 1
One of the positive results that China experienced during the period extending from 1979-2012 is the job creation due to the expansion and growth of the country’s economy. China has managed to eradicate the poverty of the majority of its citizens through industrialization. Additionally, it formed and has maintained a good trading partnership with other countries, such as the United States of America (USA). On the contrary, the negative results and criticisms are also part of the outcomes that China experienced prior to 2012. For example, due to the rapid rate of industrialization, there is high pollution in the country. In addition, there is a high rate of income disparity, and workers are paid low wages.
Answer 2
The primary goals that China set in 2010 include eliminating income inequality, carbon footprint, and promoting technology. For the country to eradicate inequality, it has come up with a plan to reduce the wealth gap betw...