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The East Asian model sometimes known as state—sponsored capitalism [1] is an economic system where the government invests in certain sectors of the economy in order to stimulate the growth of new or specific industries in the private sector. Macau is also sometimes included. The main shared approach of East Asian economies is the strong role of the government. East Asian governments had recognized the limitations of markets in allocation of scarce resources in the economy, and thus its governments had used interventions to promote economic development. This economic system differs from a centrally planned economy , where the national government would mobilize its own resources to create the needed industries which would themselves end up being state-owned and operated.

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Its chairman, Robert Lo, was born in and is the son of founder Luo Jye. The company is headquartered in Taiwan, R. The company is planning to expand our businesses in other industries and is actively looking for suitable companies to co-operate as either joint-ventures or. Establishment of Jun Yan Inc. Shanghai Screw Compressor Co. Guanghsing Industrial Co. The Asian Tigers Singapores Globalized And Diversified

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