What changes in the Economic Policy of China since 1980 have manifested in their economic status today? Explain.
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China has been the fastest growing economy in the world since the 1980s, with an average annual growth rate of 10% from 1978 to 2005, based on government statistics. ... Since the end of the Maoist period in 1978, China has been transitioning from a state dominated planned socialist economy to a mixed economy.
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