China-NIC Flashcards
1
Q
why is it a newly industrialising country?
A
ex[perienced economic growth in past 10 years but standards of living, literacy, urbanisation and infrastructure still lag behind North America and Western Europe
2
Q
factos that have fueled growth
A
foreign investment, exports. urbanisation and rising standards of living…sustained by importing foreign resources
3
Q
trading links
A
- Chinese mining and oil firms investing in poor mineral rich countries e.g. DRC or Angola
- Australia has become leading trade partner supplying coal, iron and other mineral sources
- china has become Australia’s second largest market for agricultural goods e.g beef
4
Q
industrial output in China
A
vehicles, cerment, steel, coal
