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Is the Chinese Economic model superior to the Soviet Planned Economy model? (lemmygrad.ml)

submitted 4 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 4 months ago* (last edited 4 months ago)

The Soviet economic model was based around immediate survival. The Chinese model, not facing the same existential threat of a Barbarossa style invasion as the USSR, is focused more on long-term competitiveness and integration into the global economy which is necessary to develop soft power.

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