Directions (next five questions) : Rearrange the given six sentences A, B, C, D, E and F in a proper sequence so as to form a meaningful paragraph and then answer the given questions.
- For years, it relied upon export-led growth and massive investments in housing, infrastructure (roads, rails, ports)and heavy industry (steel, glass and aluminium).
- China in engineering, a major economic transformation-or, at least, trying.
- Whether this conversion succeeds or fails is a momentous story but a China that succeeds is more likely to be stable.
- However, this economic model now seems spent.
- So, the country is switching its engine of growth to consumer spending on services and light manufacturing.
- A possible reason behind this model becoming outdated could be that world trade is weak at present and overinvestment in housing, infrastructure and industry has caused a glut.
Directions (next five questions) : Rearrange the given six sentences A, B, C, D, E and F in a proper sequence so as to form a meaningful paragraph and then answer the given questions.
- For years, it relied upon export-led growth and massive investments in housing, infrastructure (roads, rails, ports)and heavy industry (steel, glass and aluminium).
- China in engineering, a major economic transformation-or, at least, trying.
- Whether this conversion succeeds or fails is a momentous story but a China that succeeds is more likely to be stable.
- However, this economic model now seems spent.
- So, the country is switching its engine of growth to consumer spending on services and light manufacturing.
- A possible reason behind this model becoming outdated could be that world trade is weak at present and overinvestment in housing, infrastructure and industry has caused a glut.