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China was an economic backwater until they implemented free markets. The Chinese miracle is probably the biggest and most obvious example of how important free
by HDThoreaun 4y ago
China was an economic backwater until they implemented free markets. The Chinese miracle is probably the biggest and most obvious example of how important free markets are to growth.
- ido 4y agoNot just free market, and not completely free markets (there’s a lot of government regulation, intervention and ownership). More specifically they followed Singapore’s model.