Effects of China's dramatic reforms on its neighbours and on world markets
The dramatic reforms to China's economic policies which began in the late 1970s, particularly the opening up of China to international trade and investment, stimulated very rapid growth in this populous economy. During the first decade of the reforms China's real GDP per capita and volume of exports grew at more than 6 and 10 per cent per year, respectively, three times the rates for other developing countries and for the world as a whole and close to the remarkable performance of East Asia's...[Show more]
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