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ECF2550/ECX3550 University of Manchester Chinese Economy on Australia Essay

ECF2550/ECX3550 University of Manchester Chinese Economy on Australia Essay

Question Description

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

China boom

. 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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