Chinese economy
If China's economy grows as fast for the next 20 years as it has forthe past 14, it will be the biggest economy on earth: I feel that China's drastic improvements over the last 14 years are overwhelming, with their Real GNP growing at a rate of 9% a year, which means by, 1994, China's economy will match the performance of countries like Japan and Taiwan. China's standard of living has also increased, and the number of people who were considered absolutely poor decreased approximately 63%. I feel with the vast amount of people living in China, and the economic activity booming like it is, China's exports will continue to grow, as well as the standard of living. This will create more revenue, and more capital for them to produce even more goods and become even larger, prospering as one of the biggest economies on the earth. I also feel that China should try to overcome its corrupt system and steadily move Competition has been the key to China's success: I believe that competition has been the key to China's success. When Mr. Deng opened the free market, it brought the first signs of the farmers
the early stages of reform. In the years ahead, China must choose between for a market system to work well in reforming centrally planned economy. I allow labour to become freer, because this will allow workers to be better surrounding them, and may help them. China has accomplished itself economically like it has (strong and several years. The party has a large role to play in China's transition to farmers to become rich. He also introduced the "open-door policy" which is China follows the policies of its East Asian neighbours on foreign replaced by the army, the secret police or warlords. Even though the
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Approximate Word count = 947
Approximate Pages = 4 (250 words per page double spaced)
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