Chinese Economics Thread


2handedswordsman

Junior Member
Registered Member
In the "old days", there were no private firms. So not sure what you're referring to.
Of course there where private companies but not in such extend as todays. The level of collectivisation never reached the USSR's level. The 5 stars of the PRC flag means: The big star is the CPC and the four others are about workers, peasants, little merchants and large merchants.
 

solarz

Brigadier
Of course there where private companies but not in such extend as todays. The level of collectivisation never reached the USSR's level. The 5 stars of the PRC flag means: The big star is the CPC and the four others are about workers, peasants, little merchants and large merchants.
There were no private enterprises allowed until Deng's reforms.
 

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