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China's Economic Future Outlook
Part 1 of Paper
....iggest 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 numb.... Part 2 of Paper
....
proving to be very beneficial, as they follow in the footsteps of their
strong rich neighbours. Mr. Perkins believed four conditions must be met
for a market system to work well in reforming centrally planned economy. I
believe if China continues to improve its productivity, and the number of
monopolies decrease as studies show, China will move into a capitalist
front only to prosper. An Inflationary crisis within two years will test
the government's reformist mettle:
The 14th Communist Pa.... |
| Number of words: 969 - Approximate pages: 4 |
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