By Edward Tse, Gao Feng Advisory
The past 40 years of reform and liberalization have brought incredible changes and progress to China, turning the image of the country upside down, from a planned economy to one of the world’s most dynamic business landscapes.
Along the way, China has evolved its own development path, without consciously knowing it. At the top, the central government’s guidance is setting goals and directions for the country.
At the grassroots level, private-sector entrepreneurs have re-emerged and become a major force in driving the growth of China. [Read more…] about Opinion: China’s ‘three-layered duality’ continues to evolve