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China's Economic Future Outlook
Beginning of paper
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
lik .... Middle of paper
.... genius allowed the
farmers to become rich. He also introduced the "open-door policy" which is
proving to be very beneficial, as they follow in the footsteps of their
strong rich neighbours. Mr. Perkins believed four conditions must be met
for a market system to work well in reforming centrally planned economy. I
believe if China continues to improve its productivity, and the number of
monopolies decrease as studies show, China will move in ....
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Number of words: 969
Number of pages: 4 (approx. 250 words per double-spaced page)
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