Coursehero to understand china's economic reform and development since 1978 one may conveniently divide the topic into its domestic and international aspects even though the two are closely related. it is the purpose of this essay to examine the international aspects as china has taken part in the process of world economic globalization, a salient feature of world history today. the chinese leader deng xiaoping who initiated and directed economic reform from a planned to a market economy understood the importance of globalization and adopted what he called an "open-door policy" as an essential part of the reform program
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so much for the first time in the world
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