Deng's Dragon: How China Embraced Capitalism

This episode chronicles China's transformation beginning with Deng Xiaoping's reforms in 1978. We analyze the creation of Special Economic Zones, the privatization of state enterprises, and the introduction of market principles into the Communist system. The narrative follows China's evolution from an agricultural society to the world's manufacturing powerhouse, examining both the economic miracle and its social costs, including rising inequality and environmental challenges. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising. Learn more about your ad choices. Visit megaphone.fm/adchoices