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Book Title: Wild Ride: A Short History of the Opening and Closing of the Chinese Economy Author: Anne Stevenson Yang Headline: Deng Xiaoping's Reforms and the Rise of Red Capitalism Following Mao Zedong's death, Deng Xiaoping initiated economic reforms in

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Manage episode 505096619 series 96788
Content provided by Audioboom and John Batchelor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom and John Batchelor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Book Title: Wild Ride: A Short History of the Opening and Closing of the Chinese Economy Author: Anne Stevenson Yang Headline: Deng Xiaoping's Reforms and the Rise of Red Capitalism
Following Mao Zedong's death, Deng Xiaoping initiated economic reforms in 1979, driven by the need for hard currency for international travel. His solution was to create hermetically sealed export zones, like Shenzhen, to attract foreign companies and currency. This "red capitalism" led to an elite class, where Deng Xiaoping's daughter and Jiang Zemin's son, Jiang Mianheng (Mr. 10%), secured money and political power, often by taking equity in new companies.
1954
  continue reading

50974 episodes

Artwork
iconShare
 
Manage episode 505096619 series 96788
Content provided by Audioboom and John Batchelor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Audioboom and John Batchelor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
Book Title: Wild Ride: A Short History of the Opening and Closing of the Chinese Economy Author: Anne Stevenson Yang Headline: Deng Xiaoping's Reforms and the Rise of Red Capitalism
Following Mao Zedong's death, Deng Xiaoping initiated economic reforms in 1979, driven by the need for hard currency for international travel. His solution was to create hermetically sealed export zones, like Shenzhen, to attract foreign companies and currency. This "red capitalism" led to an elite class, where Deng Xiaoping's daughter and Jiang Zemin's son, Jiang Mianheng (Mr. 10%), secured money and political power, often by taking equity in new companies.
1954
  continue reading

50974 episodes

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