At the end of the Mao era, China was seen as being only peripherally engaged with the global economy. Today, the country is often viewed as a powerhouse in the global economy. First, explain what kind of political and economic transformations brought this about. Second, explore what challenges the country's leadership face in trying to sustain China's remarkable record of economic growth. Finally, discuss what the Chinese model suggests to other countries wishing to undergo rapid economic development.
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