Macroeconomics Project TB25 group 4 by Ryan Chng

Article 1 (Main)

ryancnq — 2015-11-22 07:22:22 UTC

Article 2 (Main)

ryancnq — 2015-11-22 07:31:12 UTC

Article 1.2

ryancnq — 2015-11-23 05:45:19 UTC

GDP

Article 2

ryancnq — 2015-11-24 03:06:29 UTC

1. Unemployment

"The government wants to create at least 10 million new jobs and hold the unemployment rate below 4.5 percent this year"

- aiming to reduce the unemployment rate.

2. China has a generally balanced job market - not facing a lot of unemployed

Article 1

ryancnq — 2015-11-24 03:31:36 UTC

1. GDP

Slowing economic Growth

"What he means is that China's economic deceleration -- the official growth rate of 6.9 percent is a six-year low -- is the sign of an economy in transition"

Article 3.1

cross_striker — 2015-11-29 06:00:38 UTC

China's Inflation (statistics)

Article 3 (Main)

cross_striker — 2015-11-29 06:01:28 UTC

China's Inflation

Article 1.1

cross_striker — 2015-11-29 06:03:01 UTC

GDP (statistics)

Article 2.2

cross_striker — 2015-11-29 06:04:25 UTC

Unemployment

Article 2.1

cross_striker — 2015-11-29 06:05:31 UTC

Unemployment (statistics)

GROSS DOMESTIC PRODUCT

leepingzz — 2015-11-29 06:15:27 UTC

UNEMPLOYMENT

leepingzz — 2015-11-29 06:16:32 UTC

INFLATION

leepingzz — 2015-11-29 06:16:55 UTC

Article 3.2

leepingzz — 2015-11-29 06:18:51 UTC

China Inflation (statistics)

Article 3.3

leepingzz — 2015-11-29 06:19:24 UTC

China's Inflation

Article 3.4

leepingzz — 2015-11-29 06:20:19 UTC

China's Inflation

SCARCITY

leepingzz — 2015-11-29 06:22:26 UTC

Article 4 (Main)

leepingzz — 2015-11-29 06:22:42 UTC

China's Scarcity

Article 4.1

leepingzz — 2015-11-29 06:24:10 UTC

China's Scarcity

Article 4.3

leepingzz — 2015-11-29 06:27:00 UTC

China's Scarcity

Article 1.3

leepingzz — 2015-11-29 06:28:16 UTC

GDP

SHORT ANALYSIS (GDP)

leepingzz — 2015-11-29 06:29:06 UTC

In China's GDP, In has increased up to 6.9% as compared to a predicted 6.8%, even though China's economy grew at its slowest pace since the global financial crisis in the third quarter. Increasing up to 6.9% during the July-September quarter, it has slowed from a 7 percent increase in the previous quarter. However, the numbers were still better than market expectations. From a following article's extract, Bureau spokesman Sheng Laiyun told Reuters that China faced increased downward pressure on exports, and the government needed time to absorb excess capacity in traditional industries. China's Ultimate goal is to hit a 7% increase, but based on the global economic recovery losing steam, China's government admitted hitting such a target was not easy

SHORT ANALYSIS (UNEMPLOYMENT)

leepingzz — 2015-11-29 06:36:17 UTC

Despite all the ups and downs in China’s economy over the past decade, its official unemployment rate has remained incredibly stable. It has remained so stable that it was hard to believe. The registered urban jobless rate is just 4.04% as of today. China created 10.66 million new jobs for urban residents just recently, spokesperson of the ministry of human resource and social security, li zhong told press conference recently. China wants to create another 10 million jobs for unemployed and hold the unemployment rate at below 4.5% this year. It is predicted that the umeployment rate will remain stable for the fourth quarter of the year and for the whole of next year (2016).

SHORT ANALYSIS (INFLATION)

ryancnq — 2015-11-29 06:43:51 UTC

China's CPI rose by 1.3% as compared to a year earlier, missing its forecast value of 1.5% in October, which is less than the 1.6% increase in September as compared to a year earlier in showing a disinflation in the Chinese economy.

The trend resumed the downward trend that started in 2014.

It is predicted that inflation will average 1.5% in 2015. While the Chinese government set an inflation target of 3% for the year 2015.

Definition

wenxin_teo — 2015-11-29 06:44:16 UTC

the state of being scarce of something or in short supply ; shortage

SHORT ANALYSIS (SCARCITY)

leepingzz — 2015-11-29 06:47:03 UTC

China has a major problem in scarcity and this major problem is Water. China faces a major water pollution crisis where nearly 60% of their ground water is polluted. Water scarcity is tied up with complex questions about energy use, urbanization, and modernization. In agriculture matters, china is facing scarce rainfall, causing them to only receive 20% of china's total moisture from rainfall. the Chinese government is very aware of the problem and is taking concrete steps to solve it, both by increasing efficiency and decreasing water use. To solve the problem, China has been working on a mega-project to bring water from the moisture-rich south to the arid north. They will use three canals to move 44.8 billion cubic meters of water each year.

Article 4

wenxin_teo — 2015-11-29 06:51:28 UTC

China's greatest strength of having one of the world's biggest population is their weakness.

Article 4.2

leepingzz — 2015-11-29 07:02:21 UTC

China's Scarcity

Definition

wenxin_teo — 2015-11-29 07:05:33 UTC

A general increase in the prices of goods and resources and fall in the purchasing value of money.

Definition

wenxin_teo — 2015-11-29 07:15:20 UTC

The non-availability of jobs for people who are able and willing to work and actively looking for employment at the prevailing wage rate.

Definition

wenxin_teo — 2015-11-29 07:16:27 UTC

GDP is the most widely reported measure throughout the world of a nation's economic performance or the health of its economy; measures the product of the nation.

Dear Group Members

2015-12-22 01:33:10 UTC

Thaks for all the artiles and the brief analysis. You my carry on with your report writing.

Blessed Christmas!