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One thing they did, a number of years back, was to allow one of their Provinces to engage in private enterprise and ownership of factories and free trade with products produced there with foreign nations, including America. That Experiment worked and now the Chinese are strongly reconsidering their form of government and allowing overseas trade. Currently, the United States is their Biggest Customer and Chinese Political Leaders can read the handwriting on the wall. There is NO way that they would ever start a WAR with America and cut off so much monetary INCOME overnight. They have a billion (that's a thousand million) and a half that's (500 million more) MOUTHS to feed every day, after all. There is an awful shortage of PROTEIN in their DIETS. Children of Chinese families who move to the USA, grow a foot taller than their parents, because of our availability of better, and more food here.
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∙ 15y 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~
