Singapore and China have their similarities due to them opening up to the world and welcoming foreign investments. But China's policies were more open than Singapore. China's labor force is also higher than Singapore because of it being the most populated country in the world. China also had a much better natural material source so it was easier for them to develop fast. China was more aggressive in growing its economy than Singapore because of the promises made by Deng Xiao Ping and the Reforms.
Comparison of Singapore and China
China is also a country that had an astonishing economic development after the death of Mao Ze Dong in the 1970s. But before that it was worst than Singapore's situation. The Economic problems in China in the 1960s were very severe
due to the chaotic ruling of Mao Ze Dong, The economy was shattered due to the intense
production of industrial production. Also with the scarcity of agricultural
production, majority of the country suffers from hunger. But a solution was implemented after the death of Mao Ze Dong. The solutions implemented by the new leader was called the
“Reform” because it reformed major parts of the governing system, economy,
policies, and pretty much the overall way of life. They are now much more open than before and have policies so free that foreign countries come take advantage of.
Singapore and China have their similarities due to them opening up to the world and welcoming foreign investments. But China's policies were more open than Singapore. China's labor force is also higher than Singapore because of it being the most populated country in the world. China also had a much better natural material source so it was easier for them to develop fast. China was more aggressive in growing its economy than Singapore because of the promises made by Deng Xiao Ping and the Reforms.
Singapore and China have their similarities due to them opening up to the world and welcoming foreign investments. But China's policies were more open than Singapore. China's labor force is also higher than Singapore because of it being the most populated country in the world. China also had a much better natural material source so it was easier for them to develop fast. China was more aggressive in growing its economy than Singapore because of the promises made by Deng Xiao Ping and the Reforms.
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