Question

In: Economics

Is China's political and legal system considered stable or unstable with supportive facts?

Is China's political and legal system considered stable or unstable with supportive facts?

Solutions

Expert Solution

Chinas political and legal system is definitely stable as it is ruled by large party named China Communist Party which witholds socialism under peoples democratic dictatorship. The stability arises as there are only 8 other minority political parties which lack funds and power authority to dominate and overrule existing party and thus brings higher stability and lower distortion.

Moreover ghere is One President, One prime minister and fkur deputy prime ministers along with Constitution being supervised and updated by 3000 Council Designated deputies which are elected every 5 years from 23 provinces thus showing the wide diversification of politics and legal environment which brings much more stabilisation.

References : China :Economic and Political Environment, by Santandertrade, September 2020.

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