China
The Chinese have long since been an enterprising group of people. Long before the introduction of Western technologies and ideas, this country has had a history of local industry dating back some 2000 years. These innovative people, from an early time, produced paper, gunpowder, and silk, and printing with one of the first movable type. In all, the manufacture of luxury items, fine handcrafts, metal crafting and the manufacture of tools were all well established businesses long before the onset of western entrepreneurs. (Compton’s Interactive). One of the first goals of the Communists, after 1949, was to develop the growth of heavy industry. The practice, following the model of the Soviet Union. They attempted to attract industrial development in the interior sections of China. The thought here was that there was already significant wealth in the old treaty port cities. New steel mills were constructed at Wuhan on the Yangtze and at Baotou in the Interior Mangolia. Other interior cities also grew at a rapid pace. The communists took advantage, as well, of coastal cities, such as Shanghai. Shanghai and the like were attractive due to . . .
Steel made in these areas was used by the Russians to begin building railroads and factories in the northeast, at the turn of the century. Thus changing the unemployment situation in China. China boasts some 1635 thousand newspaper with a combined circulating in excess of 125 million. 7 billion kilowatt hours, which the Chinese still find insufficient to meet their needs. It imports about 104 billion dollars. China spends much time concentrating on industrial planning. During what the Chinese called “The Great Leap Forward”, there were large investments in heavy industry. Farming and agriculture are important elements in China. The taxes levied against them by the imperial government caused very little profit to be made. With one son educated at Yale and another at Harvard, banking would change dramatically upon their return to China. The construction of these railroad were the necessary “missing link” needed to speed up delivery of goods as well as those headed for the coastal areas for international transport in China. Because of China’s geologic diversity, it possesses a wide variety of mineral resources. These areas provided skilled labor and swift access to international markets. China has nearly all of it cultivated land irrigated.
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