To: nonliberal
That's not correct. Whereas 40-70% of most other Asian nations' GDP's are derived from exports, that figure is just 20% for China. China is a lot different from other Asian economies because it has a large domestic market in and of itself. For instance, China is the #1 market in the world now for cell phones and PC's.
16 posted on
07/13/2002 9:56:03 PM PDT by
AIG
To: AIG
RE #16
That 20% is crucial. The rest, 80%, can be more of accounting hot air than real substance. Besides, all other sectors of economy depends on export sector for their prosperity. Most of growth momentum comes from that 20%.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson