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How U.S. Businesses Can Compete with China in Emerging Markets: Transitioning from a ‘Death Economy’ to a ‘Life Economy’

James Militzer

As the country experienced increasing social benefits from its embrace of what it refers to as “a free market economy with socialist aspects,” it began to take steps to amplify those benefits by also protecting and enhancing natural capital — a strategy that started in 2007, and has since become firmly embedded in Chinese society.