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Chinese economy

Date Submitted: 08/01/2003 02:03:51
Category: / Literature / English
Length: 3 pages (958 words)
Views: 23142

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 …

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…must choose between keeping the communist party or kepping the stunning economic growth. If they continue to grow at the rate China grows, and keep improving their economy, and join the likes of Japan, they can combine forces in all aspects against the west, military wise and economically wise. if China's economy grows as fast for the next twenty years like it has for the past fourteen, it will be the biggest economy on earth.

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