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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]
Historically, the United States was consistently year after year the world's largest economy since the early twentieth century. However, the report from 2014 showed that for the very first time China overtook the United States as the largest economy in the world taking into account purchasing power parity (PPP). Indeed, the margin of power ...
The US trade deficit with China was $295 billion in 2011, meaning the US imported that much more goods and services from China than it exported to China. The Economic Policy Institute estimated that from 2001 to 2011, 2.7 million US jobs were lost to China. [9] The concept of Chimerica supplements and/or supplants Nichibei, or the similarly ...
[7] [8] China's continued emergence as a major power was a major issue of Obama's presidency; while the two countries worked together on issues such as climate change, the China-United States relationship also experienced tensions regarding territorial claims in the South China Sea and the East China Sea. [9] In 2016, the United States hosted a ...
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 ...
Books written by English: End of Hyper Growth in China (Palgrave Macmillan, 2016) Wages in China: An Economic Analysis (Vol.1 and 2) (Enrich Professional Publishing, 2016) Unfinished Reforms of the Chinese Economy (edited by Jun Zhang, The World Scientific Publishing Ltd., 2013) Transformation of the Chinese Enterprises (Gale Asia Cengage ...
July 2, 2024 at 2:48 PM Luke Dray - Bloomberg - Getty Images The strategic competition between the United States and China is a much broader story that is having an impact on all countries and ...
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