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China's third stage of reform involved Group of answer choices A- conversion of SOEs into privately and collectively owned firms. B- none of these. C-

China's third stage of reform involved

Group of answer choices

A- conversion of SOEs into privately and collectively owned firms.

B- none of these.

C- a banking crisis.

D- a new Bankruptcy Law to let unprofitable firms fail.

E- allowing managers to pay bonuses to workers for the first time.

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