Question

Which of the following was not an impact of New Economic Policy of China?

Options

• New trading laws and creation of Special Economic Zones.

• Privatisation of agriculture led to decline of agricultural production.

• China has become an important place for Foreign Direct Investment in the world.

• Due to large Foreign exchange reserves, China was able to make big investments in other countries.

Answer 1

Privatization of agriculture led to the decline in agricultural production.