The reform on the chinese economy is a big part of

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The reform on the Chinese economy is a big part of the reason why China is capitalism now. China is now the second largest and most advanced economy in the world. Although China is communist it has been very open to capitalism. In 1917, China's collectivization started foreign investment as the introduction to market principles. Next was lifting prices protectionist policies and regulations. The most industries stayed state- owned having private and industries and monopolies was enough to increase China's economy. The country's economy had a steady growth due to the changes of sales. Everything was "for sale " from labor to goods. "The first decade of reform were private funding, Township and beverage in a private, private businesses in cities, and special economic zones." China has kept its growth momentum and became more integrated with the global economy. Private farming transformed Chinese agriculture and freed Chinese peasants but with private farming open it made it harder to be controlled. It became national policy in 1982. Food shortages were common in Chinese agriculture. More fundamental transformation was shown in the economy is growth in cash crops instead of grains. Trying to save socialism created the idea to allow them to experiment with the free open market.
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Regional competition us to do with a lot of Country successes. Trying to come up with something bigger and better then the next has always been the reason for the rising of economic and technological innovations. Even the Communist Party survive the reform and still monopolize political power, the steady competition entrepreneurship in the market kept them afloat in their competition again so the countries. However being in competition create a trade barriers because the countries were trying to create bigger and better it made it hard for them to reach out in the trade. China basically threw them selves
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