Question by ♥: What factors have allowed China’s economy to grow so much?
What factors have allowed China’s economy to grow so much?
Why do some experts predict China’s economy is going to collapse as fast as it expanded?
Best answer:
Answer by I Dont Have a Name 0_o
The US being a great market, and the fact that we take out loans at high interest rates from China to pay for our yearly spending.
Know better? Leave your own answer in the comments!
Facebook comments:
Deng Xiaoping and the Transformation of China Perhaps no one in the twentieth century had a greater long-term impact on world ... Read More
Chinese Depiction of English Sailor Chinese Depiction of English Sailor - Giclee Print List Price: 49.99 Price: 49.99 Tuttle Learning Chinese Characters, Vol. ... Read More
The First 100 Chinese Characters: Simplified Character Edition: The Quick and Easy Method to Learn the 100 Most Basic Chinese ... Read More
Amazon Kindle Lighted Leather Cover, Black Built-in LED reading light provides even lighting across Kindle?s entire screenLight draws power from Kindle ... Read More
10.2" Synthetic Leather Case with Keyboard and Stylus Pen for ePad and aPad (Black) ... Read More
Rosetta Stone Chinese (Mandarin) Level 1-3 Set Interactive language software with proprietary speech-recognition technologyDevelop language skills to enjoy social interactions; share ... Read More
 |
 |
its so big becuz they make everything!
-computers
-electronics
-clothes
-etc etc. etc.
Cheap labor.
A strong customer for all their goods.
Little regulation on business and the environment.
Reason will slow down:
The US is their largest customer and if we don’t buy, they don’t prosper.
China’s economy is growing fast because of the large amount of labour force that costs so little. I think expert predict China’s economy is going to collapse because china is a communism economy. One of the characteristic of a communism economy is that it shows signs of success then fades away.