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Submitted by Anonymous on
Of course, the "other socialist" countries had and have much higher standards of living than China. GDP per capita in the Czech Republic, for example, is 5 times that in China. At the other extreme, GDP per capita in Albania is the same as that in China. The auhtrorities in Central Europe made many mistakes; but they did put societies on a firm footing. But China can still achieve the living standards of the countries in central Europe, within 10-15 years.