1. Chinese Economic Shifts After Mao
By 1978 "Chinese leaders were searching for a solution to serious economic problems produced by Hua Guofeng, the man who had succeeded Mao Zedong as CCP leader after Mao's death" (Shirk 35). ... The initial form the new economy took was not a radical one. ... China's economy retains these characteristics of potential for growth--and inflation--to this day. Another important aspect of Chinese economic reform was the decision of China to join the world economy. ... Nathan noted the almost pathological resistance to foreign intervention in the Chinese economy: "Some Chin...
- Word Count: 4412
- Approx Pages: 18
- Has Bibliography
- Grade Level: High School