Napoleon once said, "China is a sleeping giant. Let her lie and sleep, for when she awakens she will astonish the world." A couple hundred years later, the giant is finally awake. This episode discusses China's failing economy under Mao prior to 1979 and the factors contributing to the country's rise in the last four decades.

Related reading: Morrison, W. M. (2019). China’s economic rise: History, trends, challenges, and implications for the United States; Hu, Z., & Khan, M. S. (1997). Why is China Growing So Fast? International Monetary Fund.

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