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GenZedong@lemmygrad.mlEnglish · 1 year ago

“when we promised to adopt a market economy [to the WTO], we made it absolutely clear that it would be a socialist market economy.”

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“when we promised to adopt a market economy [to the WTO], we made it absolutely clear that it would be a socialist market economy.”

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GenZedong@lemmygrad.mlEnglish · 1 year ago

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China joined the WTO 20 years on: From the man who negotiated it

Long Yongtu was the Chief Negotiator for China's resumption of the General Agreement on Tariffs and Trade (GATT) and its accession to the WTO.

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1 year ago
Kinda, there was also similar idea in Hungary with goulash communism. Seems like China managed to make the concept work the best though.

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