Wed.+April+4

Since Deng’s Economic Reform, China has achieved amazing economic development. With [|growth rates averaging 10%] over the past 30 years, China has been the [|fastest-growing major economy] in the world. Now China isthe [|world's second largest economy] after the [|United States]. China is also the largest [|exporter] and second largest [|importer] of goods in the world. However, China is facing new challenges and crises in different perspectives. The most serious challenge is imbalance: imbalance between rapid economic progress and stagnate construction of political reform, imbalance between the rich and poor, imbalance between economic growth and environmental deterioration, imbalance between urban and rural, etc. It will be difficult for China to sustain development if these challenges and crises cannot be overcome.
 * __Wed. April 4: Current Challenges of China__**
 * Questions:**
 * What are the achievements of Deng’s Economic Reform?
 * What was China’s impact on the world due to Deng’s Economic Reform during the last 30 years?
 * What kind of crises and challenges is China facing?
 * What are the likely consequences for China if these crises continue?



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 * Documentary movie:**
 * 1. Little Yue Yue**

2. The Chinese Are Coming http://www.youtube.com/watch?v=6617B1HMBak&feature=related