China's New Economy for the New Millennium

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China's New Economy for the New Millennium

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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.

Pages: 12

Filename:CC6_KSChinaEcon00.doc

Paper Title: China's New Economy for the New Millennium

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