The other day,
Pawal7777 was talking about recession hitting CANADA, and that's how other countries are having one difficulty here and there economically. So my point is, what economical indices is china adopting to keep their economy afloat?
The strength of the Chinese economy cannot be explained without returning to its historical process since its liberation from Japanese colonialism during World War II. Under Mao's leadership, China adopted many economic models that were inappropriate for the country's specificities. These policies were a blind imitation of the policies of the Soviet Union, and when Brezhnev tried to dissuade them from implementing them, they accused him of revisionism and continued with a policy that relied solely on agriculture and steel production, which led to a famine that killed more than 50 million people. This is only one example of the decline that the Chinese economy suffered from for decades before it realized the best way to build a solid economy based on diversifying resources and encouraging free productivity under planning by the state (the ruling party), which transformed communism from a closed theory into an open policy resembling imperialism. . This is since China is interested in opening new markets, but not in military policies.
You've outlined the historically trajectory of social the political activities that has enveloped overtime in china, however a policy looks like in the theory, if it is not physically manifesting then that theory is just existing in the papers, from what you just outlined, it shows how they've overtime develop policies that are human oriented and that can expand their economic base to what we currently see in this present time.