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Unit Three
Economy Watch;Lead-in;Lead-in Discussion; Lead-in Discussion;Lead-in Discussion;4. China has enjoyed strong economic growth for over three decades. What are the implications of its strong growth?
There’s a favorable ripple effect throughout the economy.
For consumers:
--- Income level Purchasing power
Volume of spending Demand for products
For manufacturers:
--- production revenue
For suppliers
--- sales of equipments need for workers investment
For distributors
--- business opportunities
......
;Text A
The China Miracle Demystified;Structural Analysis;Part I Questions about Part I;Part I Questions about Part I;Part I Questions about Part I; The spectacular growth over the past three decades far exceeded the expectations of anyone at the outset of the transition, including Deng Xiaoping, the architect of China’s reform and opening-up strategy. (Line 14, Para. 1)
China’s miraculous economic growth over the past 30 years was beyond what many people had expected at the beginning of its economic transformation. And Deng Xiaoping, who set the blueprint for China’s reform and opening-up policy, was no exception.
; inward-looking (Para. 1)
a. being enclosed or confined to the inside of something; being cut off from the outside world
synonyms: closed; isolated
example: The solution to global competition is fostering improved competitiveness rather than taking an inward-looking stance.; miraculous (Para. 1)
a. surprising or unexpected; being or having the character of a miracle
synonyms: incredible; marvelous; amazing
example: With the new management team, the company made a miraculous recovery from the labor-gate crisis.; at the outset of (Para. 1)
pp. at the start of; at the beginning of
example: At the outset of her career she was full of optimism but not now.;Deng Xiaoping
Deng Xiaoping was
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