DW Business July 14, 2024
How the country could grow so rapidly what will happen now that growth is slowing down and the impact of the trade war with the United States but 1st lets take a quick look back at 70 years of economic development. Back in 949 when the communists people so public of china was founded the country was dirt poor poorer than many african nations 70 percent of the population up peasants and day laborers getting by on an income of just 57. 00 per year in a mostly agricultural economy common is possibly the most it owns reforms in the 1950 s. Nationalized industry and distributed land from the wealth...