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Journal of Global Business Insights

Journal

2017

Middle way limits

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Chinese Dream And Middle Way Limits, Boyan Ivantchev Sep 2017

Chinese Dream And Middle Way Limits, Boyan Ivantchev

Journal of Global Business Insights

Until 1978 China had a class struggling model of development. After years of bad experience, it was only natural to leave that model and to focus on the economical development of the country The Ruling party of China decided to take The Middle Way of economical development, combining the leading role of the communist party and capitalistic market economy. Chinese people were used to The Middle Way because of ancient history, local psychology and the prevailing mixture of Daoist and Confucian philosophy. The philosophical and psychological tendency of Chinese people to tend to find a Middle Way and reasoning, is …