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Is China an LEDC?
China IS an LEDC
By UN definition – does not meet criteria
Very low GDP per capita (lower than Greece). 98th ranked, below Brazil
Economy dominated by 1ary and 2ary sector, not 3ary or 4ary sector
No workers rights
Industrial accidents
No free/fair elections
Freedom?
Regional inequality – West is more ‘African’ than European, East is
200m live below the poverty line – esp. in rural regions
68% gross education enrolment
China is not an LEDC
Developing
Fastest growing economy
2nd largest economy – behind USA
High life expectancy
Poverty has fallen by 50% in 40 years – 16% now compared to 40% in India
Investment in poverty reduction in bn Yuan – cultural reforms to provide health insurance
Investment in infrastructure in bns