answersLogoWhite

0

Economic reforms are changing China today because they are now the fourth largest trading nation. The first three trading nations are the United States, Europe, and Japan.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What countries have come closest to having purely command economic systems?

China in the 1950s and North Korea today.


What are the similarities of the economic lives of the early Filipinos and Filipinos today?

The early Filipinos were economically self-sufficient, but they did have engage in active trade with Cambodia and China. Filipinos today engage in all of the economic activities of the modern world. They work in every economic sector from banking to technology.


What kind of democracy is north Vietnam?

North Vietnam (and its successor state Vietnam) are not democratic states. They are commonly considered "Communist States" and are, more specifically, Leninist One-Party States where the one party in charge is called the Communist Party. During the Second Indochinese War (called the Vietnam War in the US), the Communist Party of Vietnam was more "honestly" communist than it is today, when it has made a number of capitalist reforms. However, like China, the increase of economic reforms has not been complemented by a rise of political reforms.


What is the Two China Policy?

During the cold war, and possibly even today, there were TWO CHINAS. Red China (On the Mainland) and Nationalist China (Taiwan). The titles of these countries keep changing, so it is difficult to know whom is whom.


When was China Today created?

China Today was created in 1949.


Describe five reforms you learned about in this chapter that are still important in the US today?

The voting rights for the blacks is one of the most important reforms that are important in the US today. Constitutionalism is another reform in the US today.


Which of caesars reforms you is used today?

He revised the Roman calander, which, with minor changes, is still used today.


Is metal a renewable resource and why?

No, renewable means that it reforms (grows today).


What countries today are socialist?

Socialism as an economic system is not widely used anymore. The USSR was the leading socialist government till its collapse in 1991, and China has socialist elements to it's economy, but the only countries with true socialist economies in place today are Cuba and North Korea.


Are Diocletian's reforms needed today?

Diocletian's reforms, which aimed to stabilize the Roman Empire through administrative restructuring, economic control, and military reorganization, may not be directly applicable today. However, the principles behind his reforms—such as the need for efficient governance, effective resource management, and strong leadership in times of crisis—remain relevant. Modern societies can learn from his strategies in addressing complex challenges, although contemporary solutions must account for democratic values and global interconnectedness. Ultimately, while the specifics of Diocletian's reforms aren't needed, their underlying concepts can inspire modern governance.


When did the flag of China become the flag of China?

today


What inventions in China are still in use today?

paper ans the plow was invented in china and is used today