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China's Bird Cage Economy

Pekingology

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China's Shift Towards a Planned Economy

This chapter examines the ramifications of the recent third plenum in China under Xi Jinping's leadership, highlighting a shift away from market-oriented reforms towards a planned economy. It discusses the challenges and opportunities for foreign investors in a state-controlled landscape as well as the delicate balance between planning and market forces. The insights provided reflect on the historical dynamics of Chinese economic policy, illustrating how state guidance continues to evolve amidst market competition and regulation.

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