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For china describe one argument for and one argument against the privatization of industry?
In general terms, one argument for the privatization of industry in contemporary China is that it will bring dramatically increased economic profits to certain sectors of the national economy. One argument against such privatization: it will challenge the socialistic vision by which the country was re-founded in 1949 in such a way as to require a difficult re-formulation of the country's guiding principles.
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