CantyChina1 - China China: Macro-Economic Policy and...

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Unformatted text preview: China China: Macro-Economic Policy and Performance During Transition Chinese Economy www.cia.gov U.S. China S. Korea GDP (PPP) $12,400b $8,200b $983b GDP (PPP) Per Capita $41,800 $6,200 $1,100 $20,300 Public Debt $8,800b $242b $188b Saving Rate 16.8% 43.6% 31.4% t=trillion b=billion Japan $3,900t $30,400 $1,154b 24.4% hdr.undp.org Special Economic Zones Zones that offer various incentives (such as tax incentives for foreign investors, and greater independence for international trade) These incentives target export markets and production and pricing in these zones are market oriented. GDP Growth Rate vs Inflation-5 5 10 15 20 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 Year Inflation GDP Growth Rate Strong Economic growth throughout the 80s Responding to a spike in inflation and sluggish growth, Deng Xiaoping toured Southern China to encourage economic growth The result was an economic rebound Data for Charts from www.stats.gov.cn/english/ GDP Growth Rate vs Inflation-5 5 10 15 20 1980...
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CantyChina1 - China China: Macro-Economic Policy and...

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