This essay has a total of 620 words and 3 pages.
China is a Communist Republic government. This means that the government regulates, sets rules, and runs most business in China. However, the increase in a worldwide economy around the middle of the 20th century caused China to evaluate their government and decide that something must be done to stimulate the Chinese economy and bring entrepreneurs to China otherwise they will be left behind in the forever-growing global economy. In fact, China has changing a lot from the past 30 years, and we can really tell the change.
China is a great capitalism country now. That means, the government is controlling everything. However, with the change of the Chinese government, they become more flexible than before. This way can helping at the economy grow, and improve people・s lives. We can see from the videos that there are more and more building, shops, and bars build in the cities of China. If you go to visit about 30 years ago, you may not see these views. ：China is improving step by step,； one man said from the video. However, as the report shows, there are too many building now in China, and there are not many people who want and can afford to buy the buildings. That may loose the original purpose of this idea.
Deng Xiaoping, the leader of China disbands communes who had already died, allowing farmers to freely sell their products and introduces profit incentives for factories. It is called ：Socialism with Chinese characteristics； - a wonder of rhetoric. From there, many of the farmers start to sell their lands, and move to the big cities like Beijing, or open shops instead of farm. Under Jiang Zemin・s leadership who is the leader after Deng Xiaoping・s dead, the 15th Party Congress reveals its plan to sell most state-owned industries. It becomes privatize. In the coming years, tens of million of workers will be laid off; w
Read essay without registering
Donate an essay now and get the full essay emailed you