The Thirteenth Congress of the Chinese Communist Party, which closed in November last, was a victory for the economic and political reformists who have, on the whole, been on the ascendant in China since the late 1970s. This means that the pace of opening to the outside world, including the West, Japan and the socialist countries of eastern Europe, is likely to accelerate. The private sector of the economy will increase from its current very low level. The trend towards decentralization of the economy evident over the last few years will continue and gather momentum.
Recommended CitationMackerras, Colin, Kentucky Fried Socialism, Australian Left Review, 1(103), 1988, 6-7.