Essay: The Chinese Mercantilists
The Chinese Mercantilists Tiffany Tong November 15th, 2007 China has been growing in GDP at rates that the world has never seen before. It took China less than 10 years to double its GDP, while it took Britain 58 years, the USA 47 years, and Japan 34 years (Hou & Hou, 2002). Countries that started market reforms at the same time as China have all seen less growth (Remmer, 1998). There are many speculated reasons for this apparent disparity: in […]
