In 1949, China under the leadership of Chairman Mao Tse Tung, embraced Communism, making it an insular country with little influence on the world's economy. After his death in 1978, the country embarked on a series of economic and political reforms that have seen it become probably the most capitalist country in the world today, and it is now the philosophy of Del Boy rather than Marx that dominates. These changes produced spectacular economic growth - double digit rises in GDP have been achieved consistently over the last 10 years. It is rapidly shifting from a rural to an urban country. In the last 30 years the population in the countryside has fallen from 81% to almost 50%, and many villages are now made up of the young and old, as those of primeworking age have left for the cities in search of wages typically three times higher.
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