China World War 2 drew a hard blow and left a serious and lasting effect to many Asian countries. This however, did not hamper the growth of as their government were taking serious steps to recover economically. These countries are growing at a tremendous pace to the extent of being capable in emerging as global market leaders. China's capitalism and boom was born when their president, Deng Xiaoping permitted the provinces to dismantle their communes and collective farms. This led China to venture into free-market economics. By mid 1960's, the Chinese Revolution settled down to the job of ruling China. Its main goal was essentially nationalist: a prosperous modern economy. While there continued to exist substantially economic inequalities, distribution of wealth was probably a bit more equal than in most Western countries. While there were great variations in income between diff....

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Number Of Words: 607

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