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Explain The Economic Disparity Between Rural And Urban China

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Located in South East Asia, along the coastline of the Pacific Ocean, China is the world’s third largest country with the most varied terrains. A majority of the population live in the coastal areas and along the rivers. These areas hold booming modern economic and industrial zones, which are in high contrast to the poorer areas as you travel inland. The economic disparity between urban China and the rural areas is among the largest in the world. China holds the record for the fastest ever developing country and it evidently not slowing down. Prior to the economical reforms and trade liberalisation of which occurred 37 years ago, China maintained policies that kept their economy extremely low, stagnant and inefficient under an autocratic government.

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