What was the result of the reforms instituted under the leadership of Deng Xiaoping in China in the 1980s?

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The reforms instituted under Deng Xiaoping in the 1980s led to rapid economic growth based on capitalist models, such as opening up to foreign investment and allowing private businesses to operate. This period of reform is known as the "Chinese economic miracle" and transformed China into the world's second-largest economy.

What Was the Result of the Reforms Instituted Under the Leadership