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China's Economic Success

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Please explain how to explain China's economic success.

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Solution Summary

This solution provides an outline of the reasons for China's economic success. References used are included.

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China's success is predicated on control. The government controls nearly every aspect of the country's commerce and this includes the labor. Companies can expand into China only through the approval of the government and by making concessions to the government. Many countries suspect that China plots to dominate the world of trade and applies actions toward that goal than include, ...

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