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China is the craze now.
But, in the beginning , before they started making things, who got them started?
Where did they get the money and the technology in the first place to build their factories?

The Communists, maybe? okay, still where did even they get the money and the technology to build their initial infrastracture? After all , these technologies were first developed in the West.

2007-02-05 14:47:03 · 4 answers · asked by Charles R 1 in Social Science Economics

4 answers

When China opened up economically in 1978, most of the early inward investment and knowhow came from Hong Kong.

If you go back further, during 1949-60, China imported knowhow and technology (including nuclear and military) from the USSR. Then came the political split from the USSR and they tried to go it alone. Then came the cultural revolution (ugh) and China went backwards. Then came the initial recovery from same, again basically without much foreign input. Then came 1978 and "socialism with Chinese characteristics", which is what the Chinese communist party called their economic glasnost.

2007-02-06 05:50:06 · answer #1 · answered by MBK 7 · 0 0

New China's first infrastructure projects were from the USSR. And since the beginning of the reform and opening in 1978. China starts its rapid economic development. Get more specific answers from http://ask.jongo.com/

2007-02-06 17:32:25 · answer #2 · answered by nofj2 4 · 0 0

Crikey you should be George Bush's national security advisor.

2007-02-05 14:57:39 · answer #3 · answered by Anonymous · 0 0

hmmmmmmmmm, i dont really know, but a friend gave me this website. maybe it could help you! good luck!!! =^.^=
http://money.cnn.com/magazines/fortune/fortune_archive/2006/05/29/8378040/index.htm

2007-02-06 10:06:46 · answer #4 · answered by Fallen Angel 2 · 0 0

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