|
A 12 page paper discussing China's great
economic gains since the end of the late-1990s Asian currency crisis. China has proven itself to
be more than "just" another developing nation seeking to take advantage of temporary advantages
for short-term gain. Rather, indicators point toward a nation taking concrete steps to building
positive and long-term benefits, taking into account the needs of both the government and the
people. China led the world in advances for centuries, but its intended isolation and later full
embrace of communism stymied the economic growth it could have enjoyed long ago. It seems
now to be poised to rectify past oversights, creating a hybrid of economic reality and ideology
that can satisfy ingrained and long-standing philosophy. The paper examines such factors such as
GDP, balance of trade, private ownership, and others. Bibliography lists 20 sources.
|