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While building functional markets requires state facilitation, China’s state-led market reform hinders the establishment of healthy market selection and adjustment mechanisms. Business performance is dependent more on “riding the policy wave” than prudent management or innovative business models. Subdued by political objectives, the alleged market economy “with Chinese characteristics” encounters various challenges both in terms […]

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Theo phân tích của nhà báo Brian Beutler trên tạp chí New Republic (Mỹ), khả năng này hoàn toàn có thể xảy ra trong tương lai.

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