Chinese Economic

This has led to many changes within China like higher living standards and a Eng process of arbitration that are also having their own positive effects on economic growth. The growth that China has experienced was due to a long process of incremental reforms starting in 1978 that have transitioned China from a planned economy … Read more

Two years after the death of Mao Zedong in 1976, it became apparent to many of China’s leaders that economic reform was necessary. During his tenure as China’s premier, Mao had encouraged social movements such as the Great Leap Forward and the Cultural Revolution which had had as their bases ideologies such as serving the … Read more