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ECON 1630 Economic Development of China Assignment

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Reference no: EM133042205

ECON 1630 Economic Development of China - University of Pittsburgh

You must answer two questions.

Question 1. Why does social unrest become problematic in China's rural sector starting in 2008?

Question 2. Compare ownership of land in the urban and rural sectors. Do you think China should privatize the agricultural land?

Question 3. Explain why China's financial sector is "deep" but not "broad."

Question 4. Explain how China's fiscal system is based largely upon "separating taxes" including customs duties, consumption taxes, taxes on centrally government sectors, corporate income taxes and real estate/property taxes. Explain how the valued added tax is shared between the central and local governments.

Question 5. Why are state owned firms potentially inefficient? How does the mixed ownership reform of 2015 deal with these inefficiencies?

Reference no: EM133042205

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