China's Economic Growth Due To Recent Foreign Policies

This essay relates to China' s "open door policy" not applicable--"regular good job shit" Recent Chinese economic policies have shot the country into the world economy at full speed. As testimony of this, China's gross domestic product has risen to seventh in the world, and its economy is growing at over nine percent per year (econ-gen 1). Starting in 1979, the Chinese have implemented numerous economic and political tactics to open the Chinese marketplace to the …

…placed in effect the supply curve shifts to the right because of improved quality standards and higher production capabilities. Open-Door policies also indirectly increase the demand for Chinese goods and services due increased Chinese competitiveness on foreign markets. Works Cited http://www.wissago.uwex.edu/test/joe/1992fall/intl2.html. http://www.china-embassy.org/scitech/med.htm. http://www.chinesebusinessworld.com/business/bgeneral/econ-gen.html. http://www.dfait-maeci.gc.ca/english/geo/asia/china-tr.htm.