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Prospects for additional reforms in china

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Reference no: EM132946518

China is sometimes characterized as a 'newly emerging' or 'transitional' economy-emerging from a centrally planned economic system towards something more 'free market'. Discuss the major events impacting upon China's economy from 1949-1978 and the dominant role the state played in business under the central planning system. Also discuss to what extent the Chinese state has withdrawn from this dominant role since Deng Xiaoping's reforms. Your answer should also discuss the prospects for additional reforms in China and the various problems currently facing China's leaders.

Reference no: EM132946518

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