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The Chinese economy is heavily driven by exports of a range of goods... this is one of the reasons it has such high foreign currency reserves. This has also impacted a bit on its GDP growth which was about 12% in 1007 and the world bank is forecasting 6.5% growth this year.
for more see: http://en.wikipedia.org/wiki/Economy_of_the_People's_Republic_of_China
and for daily updates on the Chinese economy and lots more resources see: China Economic Scan - http://www.chinaeconomicscan.com
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∙ 15y ago
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Is chinas economy good?
No it is not.
Who attempted to modernize chinas economy?
Mao Zedong
Chinas fastest growing economy is facing a major challenge of?
Challenges Of WTO regime
Which action is an example of periodzation?
Dividing chinas history based on which dynasty ruled the country. (APEX)
Chinas economy is known as a what economy?
China's economy is known as a command system, or a socialist economy. This means that the wealth of everyone in China's work force is evenly distributed amongst everyone in the country. This poses a problem for people's incentive to work which is the main flaw in this type of economy
What is a Industrial based economy?
an economy based on industry
What is the economy of Khashaat based on?
The economy of Khashaat is based on herding.
What was the Northern economy was based on?
northern economy was based on manufacturing
What is Iowa's economy based on?
Iowa's economy is based on Agriculture.
What is Kenya's developing economy based on?
Kenya's developing economy is based on agriculture and tourism.
What was the economy of french and dutch colonists based on?
The economy of French and Dutch colonist was based on an agricultural economy based on African slavery
Was it the north or south who had an industrial economy?
The north had an industrial based economy. The south had an agricultural based economy.
