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      <description>The Central Committee of the Chinese Communist Party meets this week for the 5th plenum of its 18th National Congress. The main item on the agenda is to discuss and approve the 13th five-year plan, which will span from 2016 to 2020. In a globalising world shaped by powerful market forces, are national five-year plans typical of command economies still relevant?
READ MORE: How China’s five-year plan, an overhang from the Soviet era, has evolved
Five-year plans set up targets, many of which often...</description>
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      <pubDate>Tue, 27 Oct 2015 09:59:23 +0000</pubDate>
      <title>Five issues China must address in its latest five-year plan</title>
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      <description>Lee Kuan Yew was Singapore," his son, Lee Hsien Loong rightly remarked. To understand what this brilliant man achieved, we must look at Singapore itself. From the founding of Singapore as a nation in 1965 to 2014, its real gross domestic product expanded by 37.9 times. This fact alone would guarantee Singapore a place in the league of miracle states. Last year, its per capita GDP stood at US$56,284, higher than that of the United States.
GDP is only a summary statistic, but other indicators also...</description>
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      <pubDate>Sun, 29 Mar 2015 13:00:45 +0000</pubDate>
      <title>Lee Kuan Yew, a true economist</title>
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