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muic Introduction Beginning in late 1978 the Chinese lead has been trying to move the economy from a sluggish Soviet-style centrally planned economy to a more market-oriented economy still still within a rigid political mannikin of Communist Party control.

To this end the authorities switched to a transcription of household responsibility in agriculture in signal of the old collectivization, increased the authority of local officials and plant managers in industry, permitted a wide variety of small-scale enterprise in services and light manufacturing, and opened the economy to increased overseas trade and investment. The result has been a quadrupling of GDP since 1978 (CIA, 1998). plain output doubled in the 1980s, and industry also affix major gains, especially in coastal areas near Hong Kong and confrontation Taiwan, where foreign investment helped spur output of both municipal and export goods. On the darker side, the leadership has often experienced in its hybrid sys...

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