Education About Asia: Online Archives

Facts About Asia: Fall 2005

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MISCELLANEOUS FACTS ABOUT THE CHINESE ECONOMY

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China’s gross domestic product (GDP), the value of all good and services produced in one year, has quadrupled since economic reform began in 1978 under former leader Deng Xiaoping.

China’s economy is now the world’s sixth largest with a GDP of approximately $1.4 trillion. The US ranks first, with a GDP of $ 10.9 trillion.

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