1. A brief overview of China
Now let's move on to the Policy of opening which has permitted China's development. 2. THE POLICY OF OPENING SINCE 1978 Let's begin with, A) Interior opening First I would like to talk about Agriculture because it's the first step of the opening. ... The first zones were established in 1984 along the coast and offered some advantages like fiscal exemption and exemption of the taxes on equipment's importation. ... Inflation is very high (2500% in 1993) in spite of a strict monetarist policy and the income of the country is used to pay the interests. ...
- Word Count: 1537
- Approx Pages: 6
- Grade Level: High School