@maxinomics with @morningbrew - All around GT - ❤️ Data - 🏄🏻♂️🥾
Dec 11, 2022 • 19 tweets • 4 min read
In China, between 1958 and 1978, where you were born is where you lived.
You were born and the Chinese government gave you a permanent registration in your hometown. And with very few exceptions, you were not free to move about the country.
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This all started to change in 1978 when the Chinese government moved from a centrally planned economy where the government dictates everything that's going to be made within the country, and instead allowed people to start businesses and allowed foreign money into the country
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