China's Economic Miracle: From Poverty to Global Power in 40 Years.
China has become a major economic power in the last 40 years, moving from a poor country to one of the top economies globally. The country shifted from farming to industry and from a closed economy to a market-oriented one. Over 800 million people have been lifted out of poverty, and many are now considered middle class. The paper discusses China's economic growth, current challenges, and offers recommendations for solving economic issues.