Saturday, May 15, 2010

What factors have allowed China's economy to grow so much?

Everyone talks about china's growing economy and how they are becoming stronger every year.





What has caused this rise?

What factors have allowed China's economy to grow so much?
The people for the most part are short and thin, therefore the society spends less on cloth and clothing for these little bodies. Taken one person at a time this in minimal savings, but taken as a whole of 2 billion people it adds up to a large amount, and with these large savings realized on a macroeonoimic basis they can capitalize their industries.
Reply:People are moving their businesses into China which is one of the reasons why China is growing. Compare to China and United States, China is willing to produce at a smaller salary than in United States.


There are also many other reasons for this rise.


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