China
Strengths weaknesses
China understands the need to invest in its While historically conducive to growth, the
innovaton engine. Ien 2008, China spent $e66 “import/assimilate/re-innovate model” does
billion in R&D, the highest amount of any not foster a climate of original innovaton.
developing naton and the fourth-highest in For China to truly become the dominant world
the world. economy, it will have to display true
Cheap labour rates have enabled an economic technological leadership. High levels of R&D
boom- the large amounts of relatvely well investment may be efectve to that end.
educated workers has kept the labour supply Many of the Chinese insttutons for higher
low along with their wages which is good for educaton receiving governmental grants
the country’s fnances. experience high rates of academic dishonesty.
China are investng in an innovaton engine
providing clean energy through renewable
resources.by 2020 the government expects
15% of its energy to come from renewable
sources, far outpacing the USA.
Opportunites Threats
With the country’s wealth for the citiens Ageing populaton as a result of the one-child
developing it seems there is an improvement policy.
in health and safety in the work place as Iensatable demand for resources e.g. oil which
people are beginning to speak up for their may become very costly.
rights which will also improve their wages. Environmental polluton.
China are also improving the way they produce Ienternal tensions e.g. demands for democracy.
energy which could reduce their current The exploitaton of cheap labour will eventually
carbon footprint and appalling issue of come to an end with the populaton becoming
polluton. wealthier, workers are already becoming more
vocal about their rights.
Strengths weaknesses
China understands the need to invest in its While historically conducive to growth, the
innovaton engine. Ien 2008, China spent $e66 “import/assimilate/re-innovate model” does
billion in R&D, the highest amount of any not foster a climate of original innovaton.
developing naton and the fourth-highest in For China to truly become the dominant world
the world. economy, it will have to display true
Cheap labour rates have enabled an economic technological leadership. High levels of R&D
boom- the large amounts of relatvely well investment may be efectve to that end.
educated workers has kept the labour supply Many of the Chinese insttutons for higher
low along with their wages which is good for educaton receiving governmental grants
the country’s fnances. experience high rates of academic dishonesty.
China are investng in an innovaton engine
providing clean energy through renewable
resources.by 2020 the government expects
15% of its energy to come from renewable
sources, far outpacing the USA.
Opportunites Threats
With the country’s wealth for the citiens Ageing populaton as a result of the one-child
developing it seems there is an improvement policy.
in health and safety in the work place as Iensatable demand for resources e.g. oil which
people are beginning to speak up for their may become very costly.
rights which will also improve their wages. Environmental polluton.
China are also improving the way they produce Ienternal tensions e.g. demands for democracy.
energy which could reduce their current The exploitaton of cheap labour will eventually
carbon footprint and appalling issue of come to an end with the populaton becoming
polluton. wealthier, workers are already becoming more
vocal about their rights.