Under Mao the economy had stagnated, and many of the gains that had been made since 1949 were wiped out, first in the Great Leap Forward of the late 1950s, and then in the Cultural Revolution. And a large part of this growth has been fuelled by China’s reintegration into the world market – China is now the eleventh biggest trading nation in the world. Parts of the Chinese countryside, in particular the areas of Guangdong province close to Hong Kong, have experienced what amounts to a full scale industrial revolution. Throughout the 1980s the Chinese economy grew at an average annual rate of over 10 percent – one of the highest growth rates anywhere in the world. Since Mao Zedong died in 1976, China has changed out of all recognition. Charlie Hore: Bookwatch - China since Mao (Summer 1995)Įncyclopedia of Trotskyism | Marxists’ Internet Archiveįrom International Socialism 2:67, Summer 1995.Ĭopied with thanks from the International Socialism Archive.
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