Buy custom effect of China and its revaluation of yuan
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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1683 |
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However, China's huge population of 1.3 billion results in a relatively low per capita income of $6,193 at PPP. As of 2005, China is regarded as the fastest-growing major economy in the world. Overall growth has averaged a robust 7% to 8% for more than a decade, with some markets expanding much more rapidly...
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When Beijing entered the World Trade Organization (WTO) in December 2001, it undertook to remove most of the remaining barriers to the operation of foreign firms inside China by 2006. The resulting flow of investment into the country has given rise to glowing predictions in international financial circles that China is emerging as the new industrial dragon of world capitalism...
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