Challenges Facing the People’s Republic of China
Edited by Juhzon Zhuang, Paul Vandenberg and Yiping Huang
Chapter 4: From economic miracle to normal development
4. From economic miracle to normal development Yiping Huang 4.1 INTRODUCTION When the People’s Republic of China (PRC) began economic reforms in 1978, its gross domestic product (GDP) per capita was only $152; by 2012, it had reached an estimated...
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