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China's Economic Conditions

By Morrison, Wayne M.

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Book Id: WPLBN0000202482
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2008
Full Text

Title: China's Economic Conditions  
Author: Morrison, Wayne M.
Language: English
Subject: Government publications, Legislation., Government Printing Office (U.S.)
Collections: Government Library Collection
Publication Date:
Publisher: Government Printing Office


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Morrison, W. M. (n.d.). China's Economic Conditions. Retrieved from

Summary: Since the initiation of economic reforms in 1979, China has become one of the world’s fastest-growing economies. From 1979 to 2003, China’s real GDP grew at an average rate of 9.3%; it is estimated to have risen by 9.1% in 2004. Many economists speculate that China could become the world’s largest economy at some point in the near future, provided that the government is able to continue and deepen economic reforms, particularly in regard to its inefficient state-owned enterprises (SOEs) and the state banking system. Progress in reforming these sectors in recent years has been somewhat mixed.

Table of Contents
CONTENTS SUMMARY MOST RECENT DEVELOPMENTS BACKGROUND AND ANALYSIS An Overview of China’s Economic Development China’s Economy Prior to Reforms The Introduction of Economic Reforms China’s Economic Growth Since Reforms: 1979-2004 Causes of China’s Economic Growth Measuring the Size of China’s Economy Foreign Direct Investment in China China’s Trade Patterns China’s Major Trading Partners Major Chinese Trade Commodities Major Long-Term Challenges Facing the Chinese Economy Outlook for China’s Economy and Implications for the United States


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