In current Chinese market, the socialist market economy refers to the practices of the government to maintain the market while still incorporating aspects of a socialist government. In this market, the use of both socialism and capitalism are incorporated, but not to the extent of a capitalistic ownership of the market. Resources are allocated andContinue reading “China’s Socialist Market Economy”
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The Changing Hukou System
The hukou system, or household registration system, and the Danwei (work unit) were put into place in China as a means of social control. This system required that every household, no matter how remote, was to register officially with local police stations. Registered households were issued a booklet of residence, which was used to keepContinue reading “The Changing Hukou System”
Not Great With Words 