Question

Which of the following is a true statement about China? Group of answer choices The Chinese government's shift from communism to capitalism has led to an increase in FDI. China attracts FDI because the government has eliminated elaborate bureaucracies. The Chinese government manipulates market activities for political purposes. China lacks an educated pool of employees due to slowly developing industrialization.

Answer 1

The Chinese government manipulates market activities for political purposes.

Step-by-step explanation:

1. At the moment, the Chinese government is still a communist-style government, so the first option is wrong.

2. At the moment elaborate bureaucracy is still present in the Chinese model of governance, with about ten million active civil servants under government control. Hence the second option is wrong.

3. Presently, China has over 96% literacy rates, therefore the last option is also wrong.

Hence, the correct answer is the third option which states that "The Chinese government manipulates market activities for political purposes."