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4. The economy of China is in transition. What does this mean?

User Moomin
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2 Answers

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24 votes

Answer:

The economy of China is in transition it mean

Step-by-step explanation:

They are in the process of moving to market based economy.

User Splattael
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26 votes

Answer:

The economy of china is in transition means that the economy is moving from central planning toward a market-based system. Economic transition is when a nation moves from one economic system to another.

Step-by-step explanation:

User Wboy
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