Book Description

What is China Economy China has an upper middle income, developing, mixed, socialist market economy incorporating industrial policies and strategic five-year plans. It is the world's second largest economy by nominal GDP, behind the United States, and the world's largest economy since 2016 when measured by purchasing power parity (PPP). Due to a volatile currency exchange rate, China's GDP as measured in dollars fluctuates sharply. China accounted for 19% of the global economy in 2022 in PPP terms, and around 18% in nominal terms in 2022. Historically, China was one of the world's foremost economic powers for most of the two millennia from the 1st until the 19th century. The economy consists of public sector enterprises, state-owned enterprises (SOEs) and mixed-ownership enterprises, as well as a large domestic private sector and openness to foreign businesses in their system. Private investment and exports are the main drivers of economic growth in China, but the Chinese government has also emphasized domestic consumption. Post-1978 economic reforms China's average GDP growth has been over 10% annually for over three decades. And in certain years, GDP growth even exceeded 13% annually. Though in recent years, their growth has significantly plummeted. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Economy of China Chapter 2: Economy of Armenia Chapter 3: Economy of Canada Chapter 4: Economy of Chile Chapter 5: Economy of Hong Kong Chapter 6: Economy of Indonesia Chapter 7: Economy of Kazakhstan Chapter 8: Economy of Malaysia Chapter 9: Economy of Morocco Chapter 10: Economy of Pakistan Chapter 11: Economy of South Korea Chapter 12: Economy of Tanzania Chapter 13: Economy of Thailand Chapter 14: Economy of Vietnam Chapter 15: Economy of Australia Chapter 16: World economy Chapter 17: Economy of Asia Chapter 18: BRIC Chapter 19: Economy of India Chapter 20: Electronics industry in China Chapter 21: Foreign trade of the United States (II) Answering the public top questions about china economy. (III) Real world examples for the usage of china economy in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of China Economy.