The Suffering of China as a Result of Economic Growth

Pain caused by economic growth in China As an important country in the world, China has experienced various economic growth costs, and in recent years the economy is growing rapidly. Division of labor between the rich and the poor, unemployment and various external costs, disproportionate payment, unstable exchange rate consumption of unrepairable resources, and the risk of inflation and bank collapse are common societies in China It is a problem. There is a big gap between China's rich and poor people.

Over the past 30 years, China has experienced rapid economic growth over a period of time. This produced extraordinary records in the history of the world economy. However, the sustainability of China's economic growth has been suspected for a long time by all political parties. According to Garnaut (2005), the high savings rate and investment rate, the strong national system, and population structure are the three elements that support China's economic growth. With the existence of an effective and powerful domestic system in China, stable market exchange conditions are the key to maintaining economic growth. In addition, the high investment level in China is supported by the high national savings rate. This is the most basic source of investment funds. Favorable changes in the population composition of China also increases the proportion of skilled workforce to the population.

In the past 30 years since 1978, the rapid growth of the Chinese economy was incredible. Foreign direct investment (FDI) is increasingly important, in addition to many factors that influence China's economic growth, but it has a positive impact on its economic growth. Because of its large labor supply and low labor costs, a stable political and economic environment, and the FDI policy, which is said to be the largest in developing countries, China is faced with the most attractive aim of the world's foreign direct investment It is one of the earth. Country receiving foreign direct investment. The objective of this research is to investigate and evaluate China's economic growth in foreign direct investment between 1980 and 2008, taking into account the ripple effect of foreign direct investment. Previous studies on this study have shown that there is a positive correlation between the two, but I believe that it is still necessary to modify the model in order to obtain convincing results.

One of the important modern economic developments is the rapid rise of China as a global economic superpower. Over a decade, China has been regarded as a major economy with a series of sound fiscal measures that resulted in an economic growth rate of more than 8%. This is a practical business consideration, it is necessary to respond to the developing industry sector and find a new market for its cheap products. Chinese companies are trying to enter raw materials and markets in Central Asia, Latin America, East Asia, Sub-Saharan Africa (Zafar, 2007). In addition, during this change, China also has one of the worldwide manufacturing centers for producing products for oil exporters, oil importers, aid recipients and suppliers, and industrialized and developing countries I exceeded it. Kaplinsky et al. 2006 and Zafar, 2007)