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Jared Vedros
Country Study - China
Economics 377
04 December 2005
Economic Development of China
The emperor of France in the early nineteenth century, Napoleon Bonaparte, once stated, "Let China sleep. For when China awakes, it will shake the world" ("When China Wakes"). China has certainly awakened. Its incredible economic growth is proof enough of its new-found stature among the world's states. China currently boasts a real GDP growth rate of 9.1% (2004 estimate) (CIA World Factbook). For the past twenty years, the growth rate has hovered around 9% and 10%, leading many economists to call China an economic miracle. However, China's developmental story has been a rocky one.
When tracing China's economic history, it is best to distinguish between several different time periods: the pre-communist era (? B.C. – 1949), the era of Mao (1949 – 1976), the era of Deng (1978 – 1997), and the recent past and present time. The pre-communist era can be broken up further. From 221 B.C......

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Approximate Word Count: 2964
Approximate Pages: 12 (250 words per double-spaced page)

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