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Chinese foreign economic policy before 1978 has been considered isolationist and centered on Maoist self-reliance. In this revisionist analysis, Lawrence Reardon argues that China was not out of touch with the global marketplace during the 1949--78 period and that Deng Xiaoping's heralded liberalizations were revisions and expansions of policies from the Maoist period. The dramatic economic reforms initiated by China's leaders in 1978 boosted GDP...
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