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 wil ....
Middle of paper
.... China's success:
I believe that competition has been the key to China's success. When
Mr. Deng opened the free market, it brought the first signs of the farmers
becoming more rich since the 1950s. His political 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 ref ....
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Word count: 969
Page count: 4 (approximately 250 words per page)
