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China is one of the world's fastest-growing major economies, [280] with its economic growth having been almost consistently above 6 percent since the introduction of economic reforms in 1978. [281] According to the World Bank, China's GDP grew from $150 billion in 1978 to $17.96 trillion by 2022. [282]
Hucker also authored China's Imperial Past, a history of Imperial China intended for general readership. [7] He was a contributor to Encyclopedia Americana , Encyclopædia Britannica – where he was the primary contributor to the articles on "China" and " Yongle " [ 8 ] – and The Cambridge History of China , for which he wrote the chapter ...
China became known internationally for its sericulture. When the Han imperial order finally collapsed after four centuries, China entered an equally lengthy period of disunity, during which Buddhism began to have a significant impact on Chinese culture, while Calligraphy, art, historiography, and storytelling flourished. Wealthy families in ...
China's fiscal budget has four parts: general fiscal budget, budget for government funds, budget for operating income of state-owned capital, and social insurance budget. [ 40 ] : 353 The largest part is the general fiscal budget, which is a unitary budget that is allocated between central fiscal and local fiscal budgets.
China joined a number of international economic organizations, becoming a member of the World Bank, the International Monetary Fund, the Asian Development Bank, the General Agreement on Tariffs and Trade (GATT), and the Multi-Fiber Agreement. China became an observer of GATT in 1982 and formally applied to participate as a full member in July 1986.
China faces a problem with air quality as a consequence of industrialization. China ranks as the second largest consumer of oil in the world, and "China is the world's top coal producer, consumer, and importer, and accounts for almost half of global coal consumption.”, [55] as such their CO 2 emissions reflect the usage and production of ...
In 1882, China and Korea signed the China–Korea Treaty of 1882 stipulating that Korea was a dependency of China and granted Chinese merchants the right to conduct overland and maritime business freely within Korean borders as well as the Chinese unilateral extraterritoriality privileges in civil and criminal cases. [56]
In the first four weeks after its publication, Red Star over China sold over 12,000 copies, [9] and it effectively made Snow world-famous. The book quickly became a "standard" introduction to the early Communist movement in China. [2] His literary agent in Japan, Yoko Matsuoka translated the book, as well as many of his other works, into ...