China Recalculates: Slow Down And Be Happy

by Robert McTeer


During the Cold War, one learned not to put too much stock in the five-year plans of the Soviet Union. For one thing, it was hard for them to meet their agricultural goals because they had a drought every year. China’s planning record has been better and it’s newly minted five-year plan, recently presented to the National People’s Congress, is historic, or will be if its goals are met.

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