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China makes stuff; hence the term "Made in China"
They mostly import raw materials from other countries (Australia) such as cotton, iron and copper, then make it into products such as clothing & electronics. These manufactured goods are then often sold back to the countries who supplied the raw material (it's too expensive for them to make their own stuff: far cheaper to make it with cheap Chinese labour!)
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∙ 13y ago
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What was China's Economy before it was a market economy?
social economy
Which economy is the closest economy to us economy?
China. China's GDP is 13 trillion whereas the US' GDP is 18 trillion
What type of economy did China have?
China was state capitalist, and is now a mixture of state and private capitalism.
What is a strong economy?
China.
Which countries has directed planned economy?
china cuba
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...
What is ancient china's economy?
ancient china's economy is comunist
What was China's Economy before it was a market economy?
social economy
What type of economy is China?
market economy
What is the economy in china?
The current economy in China is the most rapidly changing economy in the world. It has a large area to farm on aswell.So whenever you go to china,go farming.
When was Center for China in the World Economy created?
Center for China in the World Economy was created in 2004.
Which economy is the closest economy to us economy?
China. China's GDP is 13 trillion whereas the US' GDP is 18 trillion
What type of economy did China have?
China was state capitalist, and is now a mixture of state and private capitalism.
What type of economy system does China have?
A market economy.
What is the difference between Taiwan and china's economy?
taiwan's economy is already developed, china is still proving~
