Question

in which ways new Chinese economic policy of china ​

Answer 1

Answer:

China's trade policy, which allows producers to avoid paying the Value Added Tax (VAT) for exports and undervaluation of the currency since 2002, has resulted in an overdeveloped export sector and distortion of the economy overall, a result that could hamper future growth.

Mixed Socialist market economy

The economy of China is a Mixed Socialist market economy composed primarily of state-owned enterprises and that uses economic planning, while still allowing for many private businesses to flourish, as well as private investment. The government began economic reforms around 1978 or earlier,.

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Answer 2

Answer:

answer is in the attachment

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