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Communist China at 70

At 70, China cheers its past as world braces for its uncertain future

Rulers face economic risks and nervous neighbors after decades of growth

Police on patrol near a flower ornament marking the 70th anniversary of China on Sept. 29 in Beijing (Photo by Ken Kobayashi)

BEIJING -- China has much to celebrate as it marks the 70th anniversary of the People's Republic this week.

Over 850 million people have escaped poverty since the government adopted a market-oriented economy in 1979, a feat the World Bank called "remarkable."

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