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Wed, Nov 27, 2002 - Page 12 News List

Communists accept business leaders

RAGS TO RICHES When Mao died in 1976, China was almost devoid of private business. It now has 2 million private businesses that employ over 27 million people

AP , BEIJING

China now has 2 million private businesses. They employ more than 27.1 million people and own registered capital estimated at US$217 billion, according to one recent government estimate.

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