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Today technically,
China is a communist country. But it also allows capitalism. What that means in practice is that Chinese corporations are entities of the state, and profits for corporations become profits for the state.

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Mao had won the support of china's huge peasant population, peasants have suffered brutal landlords, and The Nationalists lost popularity all contributed to the communists winning.

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It was important because it was the second largest country and the most populated.

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In 1949, the CCP took Beijing and on October 1st, Mao Zedong announced the creation of a People's Republic of China. The old Republic of China would be exiled to the island of Taiwan.

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Zhu De was a Chinese general, warlord, politician, revolutionary, and one of the pioneers of the Communist Party of China.

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Mao Zedong was a founder of the Chinese Communist Party, he commanded troops in the Chinese Civil War and proclaimed the People's Republic of China in 1949.

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Chiang Kai-shek, also romanized as Jiang Jieshi and known as Jiang Zhongzheng, was a Chinese political and military leader who served as the leader of the Republic of China between 1928 and 1975.

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from 1940 to 1960, Mao lad a program known as The great leap forward. But it was a big failure because the backyard industries turned out low-quality and bad weather made it worse.

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The leaders of the Nationalist and communist parties, Chiang Kai-shek and Mao Zedong, met for a series of talks on the formation of a post-war government.

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The Soviet Union, meanwhile, occupied Manchuria and only pulled out when Chinese communist forces were in place to claim that territory in 1945.