Historical background
The most notable economic history in the economic giant of China began after the Qing dynasty in 1937. China suffered a relapse and needed to have a comeback so that it could effectively compete with the west and acquire the power and resources needed for the brewing Japanese war. The civil wars and the continued Japanese attacks proved to be a challenge to the economic growth in the country that was still striving to make a statement in Asia and the West. It was then that the process of industrialization began, and China started to advance economically. The industries were made in an ...
