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China’s Economy Is Mostly Unfree and Likely to Stay That Way

Heritage 2021.01.25
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The People’s Republic of China often pays lip service to reforming its bloated, inefficient state-owned enterprises. Unfortunately, reforms rarely pan out.

China has not fared well in Heritage’s Index of Economic Freedom, which measures economic governance in key areas related to economic growth and prosperity.

Rated “mostly unfree,” the Chinese economy lags behind the majority of other countries in maximizing opportunities for growth.

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