while china progress towards liberalization continues, sector such as banking and petroleum are
still government owned, which may be holding china's economy from reaching its full potential.
Chinese government is frequently involved in the economic market and has embraced Keynesian
economics. it was one of the first countries to recover from the 2008 crisis.
by and large china has successfully used its fiscal and monetary policy to maintain an impressive
growth and is well on its way of achieving its goal of becoming a fully developed country by 2049.