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Chinese Economic Development

Description

Brammal begins by asserting that we cannot separate economics from politics in explaining the Chinese road to development. Education and culture are also important components. Reordering priorities became necessary after the economy had been brought to the brink of collapse by the mid-1970s. Mao, however, at least recognized the scale of the challenge and the need to address it in a distinctive way. (Thirty million starved to death as a result of his 'Great Leap Forward,' and the 'Cultural Revolution' was another economic and human tragedy.) 

Keywords

Chinese Economy revolution Socialism Famine Maoist Era Education Chinese capitalism Industrial development Foreign trade market Investment Industrialization

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