Chinese economic liberalization has not gone far enough
By by Michael Brost | Oct. 1, 2012Since the economic liberalization policies of Paramount Leader Deng Xiaoping beginning in 1978, China has experienced a tenfold increase in its economic output. In 2010, amid a global recession, China experienced a real growth rate of 10 percent and became the world’s largest exporter. What’s more, investment accounts for 45 percent of China’s Gross Domestic Product—roughly four times America’s investment as a percentage of GDP.






