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In 1949, the Chinese Communist party won the civil war and established China's current government.
The Communists implemented many social and political changes, starting in the 1950s with the transition to a planned economy. Leader Mao Zedong launched a "Cultural Revolution," in which young loyalists attacked intellectuals and party leaders.
In the late 1970s, the Chinese government introduced economic reforms, introducing elements of a free-market economy. The government also encouraged foreign investment. That laid the groundwork for the modern China we see today.
The "economic miracle"
China's economic engine has really been in overdrive for much of the last two decades ? the payoff of the 1978 decision by Deng Xiaoping to adopt free-market reforms...
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Common topics in this essay:
- A Trade War With China?
- Analysis Of The Us-China Trade
- China Imports
- China Trade Surplus
- China and the World Trade Organization
- China's Exchange Rate
- Free Trade With China
- Internet technology boost china in next 10 years
- Is China's exchange rate undervalued?
- Trade with China
- Adjusting China's exchange rate
- China's Growth Rate Devastating Earth
- Free Trade With China
- China economics exchange rate
- Further option for china's farmland reform(chinese translation included)
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