China’s development status is debated, with local scholars arguing that despite significant GDP growth from $158 in 1978 to approximately $10,000 today, it remains a developing nation compared to the US. The Communist Party emphasizes a unique path to modernization, rejecting Western governance models while adapting strategies to their realities, which include managing a vast population and addressing public concerns. The country’s economic model combines state-run, dual-run, and private enterprises, promoting hard work and integrity while enforcing strict anti-corruption measures among officials.
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Military ruler Gen Assimi Goïta hails construction as assertion of ‘economic sovereignty’
Mali's military junta, led by Gen Assimi Goïta, has commenced the construction of a gold refinery in collaboration with Russia's Yadran Group, aiming to enhance the nation's economic sovereignty and benefit from its mineral wealth. This project, which will have a majority Malian stake and a 200-tonne capacity, reflects Mali's shift towards Russia while reducing ties with Western nations, as seen in the administration of a Canadian-run gold mine. Need More Context? 🔎
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