In 1995, China’s GNP per capita was $620.
In 2005, China’s GNP per capita was $1,700.
1976 saw the death of Mao Zedong and the relaxation of communist rule. In 1986 Chinese rulers adopted an ‘open door policy’ to trade.
TNCs invest in China to take advantage of low labour costs.
China spends a large amount of its budget on health and education.
In 2001 China joined the World Trade Organisation.
In 2000 53% of China’s exports were produced by foreign owned companies.
Export Processing Zones have been created in China, stimulating cheap mass manufacturing.
China has a great wealth of natural resources with vast reserves of coal, oil and gas.
A country needs a plentiful supply of fuel to aid industrial development.
1China is geographically located in a very central position, with easy access to the rest of the world and major trade routes.
The markets of South Korea, Taiwan and India are all developing rapidly.
TNCs invest in China to take advantage of low labour costs.
China has now overtaken the USA as the world’s largest consumer.
Many people living in rural areas of China are migrating to the cities.
In 1995, Gambia’s GNP per capita was $320.
Gambia is dependent on aid for any development that it may achieve.
Gambia has no confirmed mineral or natural resource deposits.
‘Financial leakages’ mean that much of what wealth made in Gambia is not available for reinvestment as it belongs to foreign TNCs.
Tourism in Gambia is seasonal.
Small scale manufacturing activity includes the processing of groundnuts, fish and hides which are then exported.
Gambia is the smallest country on the African continental mainland.
About 75% of Gambia’s population depend on crops and livelihood for their livestock.
Gambia is one of the 48 LDCs, ranked at 160 out of 173 on the UN’s HDI.
Gambia’s has a population of about 1.7 million.
In 2005, Gambia’s GNP per capita was $290.
The WTO estimates that tourism contributes 7.8% of Gambia’s total GDP.
Gambia’s has a literacy rate of approximately 40%.
Gambia’s agricultural base is fairly limited.
Gambia gained its independence from the UK in 1965.
