7th+Grade+-+SS+-+China's+Free-Market+Economy

By .Bridgett Watkins My topic is China's free-market. In 2004 a publisher wrote that China is still far from being a free-market econmy.The business cycle that is going on now is a resemblance to previous episodes of over healing since 1979. In their econmy, the ruling part of the party controls the state, the effects of such political adding on economic growth can be astonishing. When the growth rate in a year goes up, a party congress is convinced that is significantly higher, than in the last year. This time, however ,high growth was driven by a more political momument.From mid 2001 to late 2002, particular leaders can really raised fixed-asset investments mainly because they have access to bank credit and other forms of capital. They predict that China will be a free-market econmy for more than 8 to 10 years.**
 * China's Free-Market Economy