1. The Market-Socialist Economy Of China
The Chinese leadership may very well make use of the market as a tool for the destruction of some "inefficient- state owned enterprises (that have acted as a drain on the government's revenues)--leaving the blame for any subsequent rise in unemployment to the impersonal market mechanism, rather than to conscious government policy. Restructuring the state owned enterprises is essential to the health of the Chinese economy, the success of the government and the status of the Communist Party. ... The Chinese feel a sense of betrayal from a government who once promised the "iron rice bowl-...
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- Approx Pages: 5
- Grade Level: Undergraduate