1. The Future of China and the Chinese Urban Middle Class
Changing from being ruled by monarchs, to imperialists, with a short lapse of democracy before the Chinese Communist Party (CCP) came to power, and ongoing from the 1970s a blend of socialism and capitalism introduced by Deng Xiaoping. ... A major reason for the rise in economy of China had to do with the ownership, "The reforms also gave greater room for private ownership of production, and these privately held businesses created jobs, developed much-wanted consumer products, earned important hard currency through foreign trade, paid state taxes, and gave the national economy a flexibili...
- Word Count: 3320
- Approx Pages: 13
- Has Bibliography
- Grade Level: Undergraduate