Pervasive and irreversible
Article Abstract:
The market reforms ushered in by Deng Xiaoping in 1978 have become entrenched, and a reversal in policy is seen as unlikely by the Pacific Rim's business and political leaders. The Communist Party must eventually match the economic reforms with true political liberalization.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Capitalism with Chinese characteristics
Article Abstract:
Deng Xiaoping's economic reforms brought competition and market pricing to the Chinese agriculture, causing a sharp rise in food production. The mix of capitalist and socialist policies regarding other Chinese industries has produced less dramatic growth rates.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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The faltering state
Article Abstract:
Chinese economic policymakers have gradually reduced the role of government in the nation's economy through decentralization, but some inefficiencies caused by rigid central planning persist. Inflation is rising in 1992, and credit may need to be tightened.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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