Comparing China's Economic Transition with Russia

Front

Was an agricultural economy in 1978?

Back

Unique to China

Front

Fewer bureaucratic obstacles

Back

Unique to China

Front

More pragmatic leadership in 1978

Back

Unique to China

Front

Command economy since 1949

Back

Unique to China

Front

Started decentralizing economy in 1978

Back

Unique to China

Front

Attempted economic reforms only

Back

Unique to China

Front

Built new factories with new workers

Back

Unique to China

Front

Relied on foreign investments

Back

Unique to China

Front

Limited privatization

Back

Unique to China

Front

Relied on low-end manufacturing for growth. Options: Unique to China, Unique to Russia, Shared by both Russia and China.

Back

Unique to China