1. 1) How to interpret “Slowdown”
RESEARCH: Impact of Chinese economy slowdown on Australia-Asia
“Slowdown” in GDP Growth from 10% to 6%
-Loss of int’l competitiveness
-via: higher labour cost and appreciation of Chinese currency- RMB
-Countries highly involved with: India, Pakistan, Indonesia, Philippines, Vietnam, Thailand
-Countries unlikely involved with: Japan, four little dragons, Malaysia, AUS, NZ
A New Economic Model for Growth and Development
-Change to a higher and more complex development stage
-via: 2nd sector to 3rd sector, factor-driven stage to efficiency-/innovation-driven stage
-Countries highly involved with: Japan, four little dragons, Malaysia, AUS, NZ
-Countries unlikely involved with: Pakistan, Indonesia, Philippines, Vietnam, Thailand
-Implications? 1) Investments on R & D- fight for human capital
2) Brand Building- Hisense, Huawei
3) Consumption Patterns- “Crazy Rich Asians”
4) Overseas Investment- Business, Property, Farm, Winery
Slowdown: Loss of population dividend, no longer the world manufacturer, deceased profit from export
New Model: from middle-income to high-income, from developing to developed economy

2. 2) What Impact? Direct Impacts on Macro growth (GDP)
-Dependence/Interaction with Chinese economy (Investments, Trades)
-Great Opportunities for Low-income Labour-intensive Countries
Direct Impacts on Micro Aspects
-Tourism
-Education
-Labour Market
-R & D
-Retail Market (Japan, Sth Korea)
-Property Market (Aus, NZ)
Indirect Impacts
-the impact of the Chinese slowdown on other countries of the world, which in turn will impact on the selected economy, e.g., China – North Korea –Korea, China – Malaysia – Singapore
SWOT?

3. 3) Marking Scheme- 30 Marks in total
Coherence of Argument- 15 Marks in total
-5 marks: Understanding in Macro theories and Asian economies
-5 marks: Contribution to the Literature (take-away messages)
-5 marks: Logic Flow (how your essay holds together and moves from point to point)
Originality- 5 Marks in total
3 marks for original work (no plagiarism) & 2 marks for uniqueness
Referencing- 5 Marks in total
3 marks for the use of APA method & 2 marks for qty/qlty of background research
Presentation- 5 Marks in total
-3 marks for grammar/spelling/phrase/word-limit ( %)/”appearance”
-2 marks for Figures/Tables (either original or cited)
***Word Count (for main text) must be given at the end of essay
**Selected country must be shown on Cover Sheet
*An Abstract (not counted in total words) is not compulsory, but highly recommended.
-selected country? Very loose- Taiwan, HK, Macau, North Korea, Afghanistan, even Russia, will be fine
-I will be reading your essay, sentence by sentence, back and forward- if you give me a sloppy piece of work, then just be ready to receive a low mark, your choice.