Page 134 - Key to Social Studies 5

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China’s Economy

China’s economy has always been one of the biggest in the world, and today China is one of the ve

largest economies. China’s vast space and huge population were always factors in its economic

prosperity. However, the instability of the political conditions caused a lot of economic inclines and

declines.

Since the economic reform of 1978, China’s economy has been expanding and growing in so many

elds. Manufacturing, mining, textile, technology, and e-commerce are the main sources of income for

China.
Chinese banknotes

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