
How does China's system really work? This famous Chinese professor explains
Geopolitical Economy Report
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China's Socio-Economic Evolution
This chapter explores China's unique socio-economic model, highlighting its transition from poverty to becoming the world's largest economy. It contrasts the Chinese socialist market economy, emphasizing state-driven initiatives and governance with community participation, against the U.S. capitalist model. The discussion also critiques different political structures and reflects on the outcomes of governance in both nations, illustrating the effectiveness of China's approach.
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