China's Economic Conditions

Description:

Since the initiation of economic reforms in 1979, China has become one of the world's fastest-growing economies. Many economists speculate that China could become the world's largest exporter within the next few years and the largest economy within a few decades, provided that the government is able to continue and deepen economic reforms, particularly in regard to its inefficient state-owned enterprises (SOEs), the state banking system, and fixed exchange rate system. China's economy continues to be a concern to many U.S. policymakers. On the one hand, China's economic growth presents huge opportunities for U.S. exporters. On the other hand, the surge in Chinese exports to the United States has put competitive pressures on various U.S. industries. This report explores both sides of this issue in detail.

Creator(s):
Location(s): China
Creation Date: July 12, 2006
Partner(s):
UNT Libraries Government Documents Department
Collection(s):
Congressional Research Service Reports
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Place of Publication: Washington, D.C.
Date(s):
  • Creation: July 12, 2006
  • Digitized: August 2, 2006
Coverage:
Place
China
Description:

Since the initiation of economic reforms in 1979, China has become one of the world's fastest-growing economies. Many economists speculate that China could become the world's largest exporter within the next few years and the largest economy within a few decades, provided that the government is able to continue and deepen economic reforms, particularly in regard to its inefficient state-owned enterprises (SOEs), the state banking system, and fixed exchange rate system. China's economy continues to be a concern to many U.S. policymakers. On the one hand, China's economic growth presents huge opportunities for U.S. exporters. On the other hand, the surge in Chinese exports to the United States has put competitive pressures on various U.S. industries. This report explores both sides of this issue in detail.

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Partner:
UNT Libraries Government Documents Department
Collection:
Congressional Research Service Reports
Identifier:
Resource Type: Report
Format: Text