Since the inauguration of Deng Xiaoping’s economic reform program in 1978, China has grown to become the world’s second-largest economic power. It’s export-driven economic model has seen it become the locus of global economic production and the world’s largest creditor state. This lecture examines the pivotal role of Deng Xiaoping in reforming China’s Mao Zedong-era command economy, tracing the contours of Deng’s reform program and identifying looming challenges ahead for China’s economic miracle.

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