Market-oriented reforms have allowed the country to experience rapid economic growth since 1978. China's economy is now has the world's second largest, surpassing that of Japan in 2010. However, the Communist Party maintains a monopoly on political power. In 1989, the army killed thousands of anti-Communist demonstrators in the Tiananmen Square Massacre. | Market-oriented reforms have allowed the country to experience rapid economic growth since 1978. China's economy is now has the world's second largest, surpassing that of Japan in 2010. However, the Communist Party maintains a monopoly on political power. In 1989, the army killed thousands of anti-Communist demonstrators in the Tiananmen Square Massacre. |