| http://www.w3.org/ns/prov#value | - Recognizing the need for foreign investment to jump-start an economy that had been decimated by rigid Maoist control and policy mistakes for over 25 years, China promulgated the Joint Venture Law in 1979, which led to the imposition of a new set of accounting rules and regulations, which were formulated to govern the preparation of financial statements by these joint ventures and other enterprises
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