The China8687 podcast, Episode 007 - "Capitalism Starts Again in China" is released.

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"...Soon after I arrived in China I started hearing the word "geti hu". I thought it meant an individual or couple who made their own small stand for selling something. It was the most basic unit of capitalism starting up again in China. Though Mao Zedong really didn't like capitalism, Deng Xiaoping's policy was "Black cat, white cat, a cat that catches mice is a good cat." If micro-capitalism could employ people and stimulate the economy, then why worry about the name? He set the good times rolling... "

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About the China8687 podcast...

A China student, teacher, traveler, and 15-year expat businessman describes China as she developed from the 1980s to now.

"I went to China when everything was opening and hopeful, and I left when it was clear China was moving in a different direction after 2012.

I went to China earlier, studied China deeper, traveled in China farther and worked in China longer than almost anyone.

We are here to tell you about China's development from the 1980s to now.

This is important to you because China is moving backwards in many areas, but fast forward in others.

China8687 answers the question; "How did China get to where she is now?" If you like our content and think everyone should learn China better, then please support us on our Patreon page at;

www.patreon.com/China8687

Our ChinaMarketRoom professional seminars for Finance, Trade, Media, Government, and Education are available at ChinaMarketRoom.com. These can help you learn how to think and talk with confidence about China as she gears up for competition and conflict with us. It also helps get up to speed on China's Worldwide Economic Effects and keep up with developments in China's rapidly evolving markets. For more info, go to;

www.chinamarketroom.com