How china has experienced rapid economic growth

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The large trade deficit that the U.S. has with China persists in part because: the U.S. economy has grown slowly in recent years. China has fixed its exchange rate and not allowed the yuan to appreciate relative to the U.S. dollar. China has experienced rapid economic growth over the past decade. China has recently imposed or increased tariffs on most goods imported from the U.S.

Reference no: EM13218719

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