From Mao to Deng: Economic Reform in China
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China’s experience with economic reform has been very different from that of the other countries in transition. Politically China has not moved towards democracy. It remains a Communist one-party state. Its elderly ‘paramount leader’, Deng Xiaoping, speaks of his death as going to an appointment with Karl Marx.
KeywordsMonetary Policy Economic Reform Cultural Revolution Coastal Province Munist Party
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