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
The economy of China is based on doing things for others instead of making things for others. They now produce more services than products.
Chinas economy rellies on money and women and that is about it.
No it is not.
Challenges Of WTO regime
Dividing chinas history based on which dynasty ruled the country. (APEX)
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
an economy based on industry
The economy of Khashaat is based on herding.
northern economy was based on manufacturing
Iowa's economy is based on Agriculture.
Kenya's developing economy is based on agriculture and tourism.
The economy of French and Dutch colonist was based on an agricultural economy based on African slavery
The north had an industrial based economy. The south had an agricultural based economy.