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This may not seem like a huge deal, but it opened up the gateway for China to become what it is today in terms of the economy.
The presence and power of China’s economy has become more and more apparent in the past decade. The economic reforms of Deng Xiaoping and Zhao Ziyang and subsequent liberalization of various economic sectors were responsible for China’s position today as a booming global market. These reforms include, but are not limited to, the creation of special economics zones, and gradual access to foreign investments. Over the past few decades, China has become such an astonishing phenomenon, not only because of the magnitude of growth (which occurred at a rate that was unheard of in history), but also the nature of its growth...
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Common topics in this essay:
- A Trade War With China?
- Analysis Of The Us-China Trade
- China Trade Surplus
- China and the World Trade Organization
- Citigroup In Post - WTO China
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