CurrencyTradeAlerts.com

The reforms proved spectacularly successful in terms of increased output, variety, quality, .
In real terms, the economy doubled in size between 1978 and 1986,
doubled again by 1994, and again by 2003. On a real per capita basis,
doubling from the 1978 base took place in 1987, 1996 and 2006. By 2008,
the economy was 16.7 times the size it was in 1978, and 12.1 times its
previous per capita levels. International trade progressed even more
rapidly, doubling on average every 4.5 years. Total two-way trade in
January 1998 exceeded that for all of 1978; in the first quarter of
2009, trade exceeded the full-year 1998 level. In 2008, China's two-way
trade totaled US$2.56 trillion.

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