Is China a Model of Economic Success?
The new Chinese road to economic development began to be built in the closing days of 1978, a little more than two years after the preservation of Mao in his tomb. By the early 1990s, the Chinese ‘model’ entered the literature as a possible exemplar not only of successful economic growth and development, but an example of socially stable systemic transformation from plan to market — Tiananmen massacre notwithstanding.
KeywordsForeign Direct Investment Communist Party Wall Street Journal Economic Success Middle Income Economy
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