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Under the guise of preventing corruption and imposing antitrust legislation, he has plundered assets from non-public corporations and entrepreneurs. But when Xi came to power, he came to see the personal sector as a threat to his rule and revived the planned economy of the Maoist period. He strengthened state-owned enterprises and established get together organizations within the non-public sector that direct the means in which businesses are run. The introduction of market reforms was one of the CCP’s signature achievements, permitting hundreds of millions of Chinese to escape poverty.
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