How was China impacted by the Communist Revolution of 1949? (summarize pls)

The Communist Revolution of 1949 had a profound impact on China as it marked the establishment of the People's Republic of China under the leadership of the Communist Party. This led to significant social, political, and economic changes in the country, including land reforms, nationalization of industries, and the implementation of socialist policies. The revolution also resulted in the overthrow of the Nationalist government and the exile of the Kuomintang Party to Taiwan. The Communist Revolution transformed China into a communist state and set the course for the country's development and relations with the rest of the world in the following decades.