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Since the founding of the People's Republic of China in 1949, the government in Beijing officially asserts to be the sole legitimate government of all of China, which it defines as including mainland China and Taiwan. This has been disputed by the Republic of China (ROC) government since the Kuomintang (KMT) fled to Taipei in 1949. The Republic ...
China's fiscal budget has four parts: general fiscal budget, budget for government funds, budget for operating income of state-owned capital, and social insurance budget. [ 40 ] : 353 The largest part is the general fiscal budget, which is a unitary budget that is allocated between central fiscal and local fiscal budgets.
Term Description Examples Autocracy: Autocracy is a system of government in which supreme power (social and political) is concentrated in the hands of one person or polity, whose decisions are subject to neither external legal restraints nor regularized mechanisms of popular control (except perhaps for the implicit threat of a coup d'état or mass insurrection).
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China is the largest unitary state in the world by both population and land area. Although China has had long periods of central rule for centuries, it is often argued that the unitary structure of the Chinese government is far too unwieldy to effectively and equitably manage the country's affairs.
Authoritarian capitalism, [1] or illiberal capitalism, [2] is an economic system in which a capitalist market economy exists alongside an authoritarian government.Related to and overlapping with state capitalism, a system in which the state undertakes commercial activity, authoritarian capitalism combines private property and the functioning of market forces with restrictions on dissent ...
(Reuters) -China is considering a plan for local governments nationwide to buy millions of unsold homes, Bloomberg News said on Wednesday, after a meeting of leaders of the ruling Communist Party ...
[25]: 87 Sun's view was that military government should be exercised during China's revolutionary period, then as a province stabilized political tutelage could begin and the people educated on self-governance, and finally once all counties in a province were ready to exercise self-governance, constitutional government could begin. [25]: 87