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In Chinas economy the people and the government answer the questions.

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The unemployment rate is 5.3%

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In China’s economy the government owns the factors of productions.

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The most abundant recourses for China are:

They have the most Arable land, in 2015 statistics showed from the world bank that most of China’s territory is Arable land.

Livestock, the Chinese livestock is one of the best selling industries in the country.

Minerals, such as gold

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Major imports are:

Crude Petroleum

Interrogated circuits

Gold

Iron ore

Major exports are:

Computers

Broadcasting equipment

Telephones

Interrogated circuits

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Teacher

Doctors

Language trainer

Occupation planner

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The poverty rate in China is 0.3%

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Service sector

Agriculture

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The leaders in China are selected by having a election.
The current leader of China is Xi JI ping.

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The most economic costs in china are the rising cost in goods. The virus COVID-19 and its restrictions, as well as political crackdowns in Hong Kong.