Why is China making another five-year plan ?
Posted by seumasach on October 14, 2015
“China has relied on a strong government steering its economy for over 60 years, so it would be unwise not to draw on a tradition that has proven effective in the last few decades, especially with the economy at a crux of upgrades and changes of emphasis,” Xinhua said answering its own question.
13th October, 2015
An interesting tidbit out of Xinhua Tuesday posed the following question: If China is moving to a market economy, why does it need to develop another five-year national plan?
This entry was posted on October 14, 2015 at 10:25 am and is filed under Uncategorized. Tagged: bailout industry not finance, chinese system, socialism for 21st century, state control. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.