Beckoning a New Era of Modernization with Chinese Characteristics
A key element of Deng Xiaoping’s approach to governance was to transform the Chinese communist system into a market-oriented model to achieve economic growth and modernization. Socialism with Chinese characteristics emphasized private sector coexistence with state-owned enterprises (SOEs). However, Xi Jinping has taken steps to reverse this trend by introducing regulations such as anti-monopoly restrictions, […]
Read full blog post »