China Economic

so hi guys!!! we're back again!

GUESS WHAT MR CHUA ISNT HERE TODAY SO WE HAD A RELIEF MISS FOO WHO IS OUR SENIOR HEHEHE


anyways she's nice and a w e s o m e too!!!!!
so we'll just hear from our flowers (-:
((we technically did this on the same day as the next post, so its about the same thing!))

jin said:

"This week, we learnt more about the economic of China. China ranked second in terms of total GDP, which stands for Gross Domestic Product. GDP is  the total value of goods and services produced in a country within a specific period of time. In this case, USA ranked first, ahead of China. We also learnt about the World Trade Organisation, whereby a country has access to more international markets for their exports and allow more foreign investors to enter the country freely. China joined the WTO in 2001. We also learnt that China has a HUGE land mass, and in that is a huge benefit, for China gets more land space for farming and other uses. "

and then now juen!

"Tbh, I have no idea what happened. Basically, we were discussing China (flipping it inside out and tossing it all around) As you can see, our dear Qing has been enjoying this part of the lessons very much, with all the useful information while I'm just here talking crap. Then again,when we were comparing China and Singapore, we realize exactly how small Singapore is ;-; it is also a worldwide trader, since soooo many of our stuff (including this IPad wow) is made in China. DO NOT DOUBT THEOR QUALITY hahah. Businesses should be set up there as it is sooooo cheap (so much land dunno what to do with it?) and he profits gained will be much higher than Singapore (everything so ex) thus I conclude that WE SHALL ALL LIVE IN CHINA nope just joking. If you don't mind the air and noise pollution, feel free to live there!"

then we have....
KELLY

"so today, we have a change of teacher. Instead of Mr Chua, Miss Foo came to relieve us. Firstly, we were given out worksheet about China economic. Following that, she showed us some slides and answers to the questions in the worksheet. For example, China's GDP. After that, we were called to go into our groups and discuss the impact on 4 different factors, namely social, employment, standard of living and environment. Also, before that, we went told to find three items that is made in China. Overall, the lesson was a boring but whatever, it's over. Oh, by the way, miss foo is our senior and graduate last year. Before she leave, she also gave us some encouragement words.....^^

and next dundundundundun
q i n g

"Today, we learnt about the economy of china. We've answered some questions about china and I've learnt that china is second and USA is first, in terms of GDP. However, it is not a accurate measure as there are still many rural and poor places in china and so, by calculating per capita, it is more accurate. This make me feel that china should not only focus on their urban cities but also the rural sites. After all it's still part of china and should be left out as the urban cities improve. We also learnt about the factors that allow large exports from china. Large land mass, cheap labour and many more. China covers a huge area and therefore, it is cheaper to set up factories and companies there as the rent is cheapest thus the profit is higher. When there are more companies and factories more products are produced and results in high exports. Another factor would be cheap labour. China had a huge population thus the competition for job is higher and the employment could easily hire workers at a low pay because they rather have a job than none. This results in high profits as well, increasing more products to be made and exported. However, as more factories are built, more chemical wastes are produced, causing harm to the environment. I feel that they should be concerned about the environment and not just economic growth."

well for me.... mine's in the next post!!!!

so bye guys ((PLS READ THE NEXT POST))

xoxo