During the CID lesson last week, I learnt more about China's and Singapore's economic growth. China's economy has been being boosted because China is an evolving country and is growing fast.

China is the second in the world according to their GDP as businesses can be set up in China and has thine of the lowest rates of corporate tax in the world (25%) (Singapore's is 17%). China would also produce more in a shorter time because they have more land and more people which mean less money needed to get workers to work in the factory and thus higher productivity. China has more natural resources too such as coal, gas and steel.