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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 2950 |
Essay's paper body
In 1996, trade totaled $246 billion ($130 billion exports plus $116 billion imports), an increase of 3% over 1995.
Exports being the key factor for its booming economic growth, China's major exports are labour-intensive products in light industrial and textile products, mineral fuels, heavy manufactures, and agricultural goods; Asian countries accounting for almost 40% of China's exports...
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China's chief trading partners are Japan, the United States, the European Union, South Korea, and Taiwan.
Major imports are machinery, steel, chemicals, miscellaneous manufactures, industrial materials, and grain. With an abundant wealth of land and labour, foreign investment alone accounted for 42% of the GDP, becoming the largest receiver of FDI in the world after the US...
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