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What was behind China's economic success then? (not snark, genuinely interested in hearing your thoughts)

Imitating the free-enterprise model of Hong Kong and Taiwan, decades after those territories had far outpaced China in prosperity. And one of the great advantages China has enjoyed in economic development, as compared to several other territories, is the large number of people who can communicate in local languages (various forms of Chinese) but who grew up without communist influences on their primary and secondary education. "Compatriots" from Taiwan and Hong Kong, and also "overseas Chinese" from many places in southeast Asia played a crucial role in boosting China's economic growth through direct investment after the beginnings of system reform in 1978. (Basis of knowledge: I began studying Chinese during the Cultural Revolution, and have met quite a few people from outside China who have invested over there, after investment began to be permitted.)



Cost friendly labor market and the huge potential domestic consumer market itself.




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