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given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained … unprecedented growth and economic development-PRC and India became the second and fourth largest economies of the world … from US$341 in 1990 to US$4,421 in 2010 whereas India posted a four times growth from US$384 in 1990 to US$1,342 in 2010 …
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China's new economic policy made headlines in December 1984 when a leading article in the People's Daily expressed the previously unthinkable opinion that the teachings of Marx and Engels could not be expected to solve all of China's present problems. What have been the main characteristics of...
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