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Over the past five years China’s GDP has grown by 8% annually
a. Data
i. 1978 and 1998 gross domestic product or GDP per capita grew at an astounding 8 percent annually
ii. a performance which makes China the most rapidly growing economy in the world during this period
b. What data means
c. How it shows what is currently happening
III. What is going on right now in China
a. What economy is doing
i. In 2002, the Chinese Communist Party announced a goal of quadrupling per capita income by the year 2020.
ii. Starting at income levels of the year 2000, this would require a growth rate of 7...
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