China’s Economy Is Booming: The economy grew...
From Times Staff and Wire Reports
China’s Economy Is Booming: The economy grew at record speed in 1993, with industrial output rising to $403 billion, an increase of 23.6% over 1992, the government said. It was the highest growth rate since China began its open-door and reform policies in 1978 and one of the highest since the communist revolution in 1949, excluding years when radical political campaigns make official figures suspect.
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