Which of the following could be considered a component of the "Beijing consensus"?
A)instituting and enforcing the "one child" policy
B)granting massive credit to state-owned enterprises through state banks
C)allowing small villages to engage in open voting for their regional leadership
D)closing down the special economic zones created by Deng Xiaoping
E)ending support for domestic enterprises so that foreign investment can flourish

Question

Quizplus · Accepted Answer

The Beijing consensus refers to the model of economic development followed by China, which includes state control over the economy, emphasis on exports, and grant of massive credit to state-owned enterprises through state banks. Thus, choice B could be considered a component of the Beijing consensus. Choices A, C, D, and E do not fit this model or are opposite to it.

Which of the Following Could Be Considered a Component of the "Beijing