What type of economy is China?
The type of economy that China has is known as a socialist market economy. The economy also has a element of capitalism whereby the state owns most of the firms.
China did have a communistic economy and currently has a half communist half capitalistic economy.
A market economy.
market economy<3 --mewile95 im just kidding ITS REALLY COMMAND ECONOMY --slayer33s
Communist, but there economy is capitalist.
Yes, China has an 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...
No, china does not have a market economy!
China is currently a mixed economy, but it is more of a command economy than a free market economy.
Many reforms programs made in China have brought a market economy to China. However the economy is still governed by the government. This has curbed freedom of markets 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.
China doesnt have a better economy then the US. If the US stoped buying from China, China would fall apart.
Center for China in the World Economy was created in 2004.
China and Japan India is the strongest growing economy and is about to match China
Yes, China has a mixed economy. If you don't know, this means that its economy consists of a combination of a market economy, in which there is free exchange of goods in a private market, and a planned economy that is totally controlled by a governmental entity.
Answer China is no longer a command economy in that it has switched to market economic strategies in several of its sectors. Due to this, China is now a mixed economy. However, Saudi Arabia and Vietnam are some examples of a command economy. has also changed back in 2000
There are many outcome issues since China and India are beating USA in economy in present. China has the largest economy before USA and India and India has 3rd largest, but India has fastest economy before China and USA and China has 2nd fastest.
china is centrally planned economy its means that all the things in china are occupies by china government. they will decide what to produce, where to produce, how to produce it also decides that in which quantity they has to produce the thing.
The Economy of New Zealand is a market economy which is greatly dependent on international trade, mainly with Australia, the United States of America, China and Japan. It is strongly dependant on tourism and agricultural exports, and has only small manufacturing and high-tech components
Is China a Threat to the U.S.?
China is still in a state of transition from a mostly poor, agrarian economy to a modern industrial economy.
yea they have socialist capitalist and communist economy
China has a just market economy.
Although China has a state directed economy, they show free market tendencies. Scholars now maintain that China has developed a State Capitalist economy.
The type of economy Saudi Arabia has is a command economy.
The US has an open economy. This type of economy has a capitalist nature.
China is still a communist nation. The government strongly influences the economy by its policies, taxes, and other procedures.
China is largest economy now. But unlike others it is mixed economy.
China, South Korea, Cuba, and Russia are countries that are under command economies. This type of economy is common in a communistic country.
No. it should be under mixed market economy
The fastest growing economy in the world is China.
It is the largest economy in the world with the most population.
China has always had its very own economy, since its existence. However, China began its economic reform in the year of 1978.
The Great Wall of China is considered to be a wonder of the world. It affects the Chinese economy by attracting tourists to the region.
1st, But China is catching up Another Answer: The US economy ranks number one, followed by Japan, China, and Germany.
The Peoples Republic of China has the second largest economy in the world. This remarkable compared to the Chinese economy of say, 30 years ago. China's economy of today is vastly different than in the years when it was considered a purely Marxist economy and private holdings were at a minimum. China now has a mixed economy and a stock market. When China was under the rule of hard line communists, the economy was in… Read More
Although China has the fastest growing economy, Japan would have the best economy.
China changed its economy by shifting from mostly agrarian industries to electronic and equipment manufacture. The economic policies of importing less and exporting much also helps China's economy to thrive.
China has a communistic economic system. However, China's economy has gone under constant reform (change) since the "Cultural Revolution" beginning in the 1970s, and has become closer to that of a mixed economic system.
China became involved in the Korean War, which proved very costly to the young nation's economy.
Japan, then China, then India Actually, in late 2010 China came above of Japan, so currently China has the largest economy in Asia, which is also the world's second largest economy. Japan falls in second place for Asia, and third in the world.
United states is considered to be the best economy followed by China
the second largest economy after the USA is China.
china is not a traditional economy now. It has emerged as mix economy.
No, China is richer than the US because China has a much better economy.
The second strongest economy in the world is China. Approximate GDP- Purchasing Power Parity (China) - $7,043,000,000,000 Whereas USA have - $13,860,000,000,000
Some people believe that China is better off today because of a growing economy. Some people believe that the growth of the economy is destroying the culture of China, so this is a matter of opinion.