China's Economy Evolution

Part I of Essay
Reform-dubbed China's "Second Revolution" was one of the most common terms in China's political vocabulary in the 1980's. Reform of the Chinese Communist Party and its political activities, reform of government organization, reform of the economy, military reforms, cultura ....

Part II of Essay
.... movement of the 1980's takes its place among the broad spectrum of Chinese history. As with previous reform movements, history will measure the success of these reforms. China's transition from a planned economy to a market economy began at the end of 1978. When China started the process, the government did not have a well-designed blueprint. The approach to reform has been characterized by some to be piecemeal, partial, and often times experimental. This view however has not been shared by all economists, "some economists regard this ap ....