For along time Mao was a leader of Chinese people and their ideological tutor. He announced the policy of "leaning to one side" meant commitment to the socialist bloc. According to the socialistic economic model the transformations were made in the economic and social life of China. The citizens of China were divided into four social classes namely workers, bourgeoisie, peasants, and national-capitalists. The four classes were ruled by the China Communist Party (CCP) leading by the Chinese working class. In 1945 the territory of Japan was occupied and placed under international control, but in 1952 the Treaty of Peace granted Japan with full sovereignty. It should be mentioned that the level of influence between Japan and the USA was less than in China-USSR relations, and that is why the political priorities of Japan was free from strict ideological obtrusion. So, the outcome of WWII changed the political priorities of both countries, as well as their political ideology, which had a great influence on economic growth and development of China and Japan.
The economy of Japan is often characterized as a "Japanese miracle". This extensive economic growth made it possible to recover the economy in a short period of time. ...Show more