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What changes in the Economic Policy of China since 1980 have manifested in their economic status today? Explain. |
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Answer» China has been the fastest growing economy in the world SINCE the 1980s, with an average annual growth RATE of 10% from 1978 to 2005, based on government STATISTICS. ... Since the end of the Maoist period in 1978, China has been transitioning from a state DOMINATED planned socialist economy to a MIXED economy. |
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