The creation of the People's Republic of China (PRC) was proclaimed in 1949. For 30 years thereafter, the economic policies pursued by the PRC generally were consistent with doctrinaire communist ideology. Economic reforms were introduced by the government of the PRC in 1978, although the Chinese Communist Party retained and continues to exercise political control in the country.
Objective of This Study
This research examines economic reform and the implications of that reform in the PRC. Relevant background information on the PRC and the country's economy is presented as a part of this introduction...."
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