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Economic Reforms in PRC

ties, the Chinese developed trade with most countries in the Far East, and both south and southeast Asia. This early foreign trade was not considered, by China's rulers of the time, to be essential to the country's economy, as the Chinese considered their country to be economically selfsufficient. In fact, during the Qing Dynasty, which spanned the time period 1644 A.D. to 1911 A.D., Chinese trade with other countries was officially discouraged.4 The official discouragement on the part of the Chinese government, however, did not quell foreign

3N. T. Wang, "Executive Summary," in N. T. Wang, (Ed.)., Business With China: An International Assessment (New York: Pergamon Press, 198O), 4.

4R. L. Worden, A. M. Savada, and R. E. Dolan, China: A Country Study (Washington: U.S. Government Printing Office, 1987), 283. trade with China. A major reason why Chinese foreign trade continued to develop was the perceived potential in foreign countries of trade with Chinaone of the same reason it continues to expand in the early1990s.

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Economic Reforms in PRC. (1969, December 31). In LotsofEssays.com. Retrieved 15:39, May 11, 2024, from https://www.lotsofessays.com/viewpaper/1691540.html