In the late 1970s, as Britain, America and other wealthy countries were developing free market solutions to the problems of inflation and low growth, China selected aspects of capitalism to incorporate into its economy, while maintaining the fiction that it was a communist society. This podcast explores how China transformed the world economy in the 1980s as a result.
Explaining History helps you understand the 20th Century through critical conversations and expert interviews. We connect the past to the present. If you enjoy the show, please subscribe and share.
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