China's Economic Future Outlook

If China's economy grows as fast for the next 20 years as it has for
the past 14, it will be the biggest economy on earth:
I feel that China's drastic improvements over the last 14 years are
overwhelming, with their Real GNP growing at a rate of 9% a year, which
means by, 1994, China's economy will match the performance of countries
like Japan and Taiwan. China's standard of living has also increased, and
the number of people who were considered absolutely poor decreased
approximately 63%. I feel with the vast amount of people living in China,
and the economic activity booming like it is, China's exports will continue
to grow, as well as the standard of living. This will create more ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

genius allowed the
farmers to become rich. He also introduced the "open-door policy" which is
proving to be very beneficial, as they follow in the footsteps of their
strong rich neighbours. Mr. Perkins believed four conditions must be met
for a market system to work well in reforming centrally planned economy. I
believe if China continues to improve its productivity, and the number of
monopolies decrease as studies show, China will move into a capitalist
front only to prosper. An Inflationary crisis within two years will test
the government's reformist mettle:

The 14th Communist Party Congress, set the official seal on the fourth
wave of economic reform. Market Splintering: l feel that China should
allow labour to become freer, because this will allow workers to be better
suited towards their jobs, and therefor they workers will be more effective.
Infrastructure: l believe that China has to build a railway system, so it
will not have the highest utilisation rates for ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.

Already a member? Login


China's Economic Future Outlook. (2008, April 6). Retrieved June 17, 2019, from
"China's Economic Future Outlook.", 6 Apr. 2008. Web. 17 Jun. 2019. <>
"China's Economic Future Outlook." April 6, 2008. Accessed June 17, 2019.
"China's Economic Future Outlook." April 6, 2008. Accessed June 17, 2019.
Join today and get instant access to this and 50,000+ other essays

Added: 4/6/2008 07:40:35 PM
Category: Economics
Type: Free Paper
Words: 969
Pages: 4

Save | Report


Save and find your favorite essays easier

» China's Economic Growth Due To ...
» Chinese Economy
» China's Economy Evolution
» China's Pollution Problem
» Castro’s Screw Up And Cuba's Ec...
» India's Economic Success
» China's One Child Policy
» China's Joining The World Trade...
» China's One Birth Murder Policy
» Chinese Economic Reform Under C...
Copyright | Cancel | Contact Us

Copyright © 2019 Essayworld. All rights reserved