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China’s Crumbling Economic Story
Manage episode 384818956 series 2780780
Deng Xiaoping's reforms in the 80s transformed Shenzhen, a small town near Hong Kong, into an economic powerhouse. China's rapid growth lifted millions from poverty but did it grow too quickly to be sustainable? Now China faces deflation, and experts are worried that this could spell the end of the economic miracle.
Learn more about your ad choices. Visit megaphone.fm/adchoices
233 episodes
Manage episode 384818956 series 2780780
Deng Xiaoping's reforms in the 80s transformed Shenzhen, a small town near Hong Kong, into an economic powerhouse. China's rapid growth lifted millions from poverty but did it grow too quickly to be sustainable? Now China faces deflation, and experts are worried that this could spell the end of the economic miracle.
Learn more about your ad choices. Visit megaphone.fm/adchoices
233 episodes
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