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And as China has deregulated its markets, foreign competition has increased against China's SOEs (Wang, Zhao, Ning,&Yu,Vibram Five Fingers Bikila). For many decades China closed its doors to the rest of the world. During this period China had a central planning system. And in the late 1970s to early 1980s China transformed its economy to a market economy with the objective of achieving economic growth and social development. This strategic Christian Louboutin Boots was further motivated by China's desire to gain, economically and financially, from globalization. And to achieve this goal China had to develop internal policies that promoted integration into global institutional systems. China's economic growth performance over the past three decades, averaging 9.7%, and especially during the most Christian Louboutin Pumps global financial crisis has led many countries to change their perceptions of China (Torres, in press). While China continues to lead in economic growth, it has come at Christian Louboutin Sandals expense of environmental pollution and a widening in gap between the income levels.