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Related Questions

Why do many people in china not have cars?

China is still in a state of transition from a mostly poor, agrarian economy to a modern industrial economy.


What does the economy of China is is in transition mean?

The economy is moving from central planning toward a market-based system.


The economy of china is in transition .what does this mean?

The economy is moving from central planning toward a market-based system.


What does it mean when china is in transition?

The economy is moving from central planning to a market-based system.


What are some examples of transition economy?

A transition economy is one that is changing from central planning to free markets. Some of these are Poland, Hungary, and Bulgaria.


Why is china said to have a transition economy?

Some time ago, the Chinese Communist Party decided that planting seeds of a free market economy would be in the best interests of the entire nation. China has made substantial strides in this area. One prime example is that a stock exchange exists in Shanghai. Despite this trend, the transition to a free market economy cannot advance as long as China has a one party system. Based on the one party system, the so-called transitional economy, is at the mercy of post modern day Marxist-Leninists who may decide to revert back to total central planning.


Does China have an economy?

Yes, China has an economy.


Does China have a market economy?

No, china does not have a market economy!


Who controls china economy?

china can control our economy... i was in china and i was in a security economy control center and i asked a few questions... yes china can control it's economy...


A period of change in an economy is?

transition.


What is ancient china's economy?

ancient china's economy is comunist


What type of economy was Romania?

Before 1989 Romania has a socialist, planned economy, state economy.