The Chinese Economy

The Chinese Economy

China has an economy that is a mixture between the capitalist (U.S., French and other "western" nations) and communist (U.S.S.R., Mozambique and other "eastern" nations) styles. Recent policy in China has been to sell government owned companies to the private sector. And regulations on business operations have been greatly reduced. This has allowed for economic freedom. However, strong political and social restrictions are still in maintained. [JP] {PM}