The Chinese Economy: Market Socialism with Chinese Characteristics

Tags Bureaucracy and RegulationEconomic FreedomFree MarketsPoliticsSocialismStrategyWorld History

09/23/2023Antonio Graceffo

Narrator:

China rose from poverty after the Mao years only because its political leadership embraced private property and a market economy. Unfortunately, today the Communist leadership is moving back to socialism.

Original Article: The Chinese Economy: Market Socialism with Chinese Characteristics

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Author:

Contact Antonio Graceffo

Antonio Graceffo, Ph.D., has spent more than 20 years in Asia. He earned a PhD. at Shanghai University of Sport, holds a China-MBA from Shanghai Jiaotong University, and studied national defense at American Military University. Graceffo works as an economics professor and China economic analyst, writing for various international media. Some of his books on China include "Beyond the Belt and Road: China’s Global Economic Expansion" and "A Short Course on the Chinese Economy."