many years of wars among different ethnic groups and also against the West. Epidemics and unrest were rampant. Chairman Mao implemented many so-called “reforms” to change the face of the Chinese society, such as land reform, cultural reform, and healthcare reform. But above all, he placed great hope in the industrialization of his country. However, in order to accomplish this transformation, China must have a strong financial resource to build the country’s infrastructure; nonetheless, that was its…
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