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

To this end the authorities switched to a organization of household responsibility in agriculture in bode 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 foreign trade and investment. The result has been a quadrup ling of GDP since 1978 (CIA, 1998). stripped output doubled in the 1980s, and industry also supply major gains, especially in coastal areas near Hong Kong and skirmish 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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