australian wool innovation the woolmark company joint china consumer market research project desk report 10 th december 2004 confidential s economy and demographics key points economic x since start of reforms in 1978 gdp growth rates have averaged 9 a year can be split into five different phases 84 1984 88 1988 91 1992 97 & 1998 present accounts for almost one third world it is forecast to expand by 1 not ppp this government has implemented controls on quantity credit interest rate rises there talk currency re valuation between 7 8 next decade largest population at 29 billion people 2003 slowing ageing urbanisation with 40 5 living cities compared 17 gradually relaxed restrictions mobility meet demand unskilled labour although many these workers are entitled
