From its first emperor to Xi Jinping, China has been governed by a tradition of centralized, authoritarian rule. While America was built on consent and liberty, China’s rise has relied on control and discipline, now intensified under the Chinese Communist Party. This episode explores how Deng Xiaoping’s reforms unleashed growth, why Xi is reversing course, and how U.S. trade policy is forcing a clash between two incompatible systems.
Can a command economy survive exposure to the open market?
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