Question

what so great about china rapid economics growth anyway case study answers ?

what so great about china rapid economics growth anyway case study answers ?

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Answer #1

Chinas rapid economic growth is largely due to large scale government spending on infrastructure and manufacturing sector, low cost labor which gives them comparative advantage in goods, higher credit availability by central bank of China, ease of doing business norms, higher private sector spending, devaluation of Yuan making exports competitive, lower unemployment rate boosting overall national income, etc.

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