The impact of the slowdown of the Chinese economy on other economies in Asia and
Australasia (Asia and Australia
New Zealand and neighbouring Pacific Islands) region.
There are strong indications that the Chinese economy is slowing down after three decades of rapid
growth. Its rapid growth transformed not only China
s own economy but also had a huge impact on
other economies in Asia and the world. China emerged as the
of production networks and has played a major role in the deeper integration of
economies in this region.Clearly a Chinese slowdown will have major impacts on the economies of this region. Also note that
the Chinese slowdown is happening at a time when the global economy, including the major OECD
economies, is facing difficult times.
The essay should focus on a selected economy in Asia (NOT Vietnam, as there is a chapter on
Vietnam in the reference (a) given below) or the Australia
New Zealand region, and discuss the
implications of the Chinese economy slow down on that economy
The essay should describe, proving figures and data is necessary, the trade and investment
linkages of the selected economy with China and the rest of the world, and how these
relationships have evolved during the period of the
. It should then discuss how a
slowdown in Chinese economy impacts on the selected country through the various channels
(trade, tourism, investment etc.
), noting that there will be both direct impacts as well as indirect
impacts. The indirect impacts come from the impact of the Chinese slowdown on other countries
of the world, which in turn will impact on the selected economy
. You should discuss what may be
the impact on important economic variables such as, for example, the country
s real income, its
balance of payments position, employment and investment.
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