
China builds global alternative as US-led financial order decays
Geopolitical Economy Report
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China's Transition to Socialism
In 2017 China entered a new era. And you know that era was actually foreshadowed by what started to happen around the turn of the millennium. So China is in a sense embarked on a new phase in its development and its transition if you like to socialism. This new phase follows two very broad era ones following a turbulent phase of socialist construction after 1949. That occurred in the context of United States and bargoes in the context subsequently of the conflict with the Soviet Union.
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