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The book is accessible for the general reader and can be used as a college level course textbook for undergraduate and graduate studies. It is a methodical and historically accurate English language account of the decades-long market-based reorganization of the Chinese economy since its beginnings in 1978. [1] [2] [3] [4]
China's economic growth was sustained by the economic stimulus and in addition, assisted neighboring countries with the economic recovery in 2010. [15] Chinese real economic growth was around 10 percent even as European and North American economies were slowing. [16] The stimulus provided funds for infrastructure projects and housing developments.
Chinese leader Xi Jinping with U.S. President Joe Biden at the 17th G20 in Bali, November 2022.. The relationship between the People's Republic of China (PRC) and the United States of America (USA) has been complex and at times tense since the establishment of the PRC and the retreat of the government of the Republic of China to Taiwan in 1949.
The U.S. no longer boasts the world's largest economy. China, the world's most populous country, has overtaken America to claim the title of world's number one economic powerhouse, according to ...
The economic history of China describes the changes and developments in China's economy from the founding of the People's Republic of China (PRC) in 1949 to the present day. The speed of China's transformation in this period from one of the poorest countries to one of the world's largest economies is unmatched in history.
In 1997, economists at the International Monetary Fund pointed out that China’s economy was growing so fast it might be bigger than the US economy by 2017. That didn’t happen. China’s ...
China's exports rose 12.7% in October from a year earlier, the fastest monthly growth in more than two years, according to customs data released Thursday. The report came a day after former ...