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https://www.asianstudies.org/publications/eaa/archives/crossing-the-river-by-feeling-the-stones-deng-xiaoping-in-the-making-of-modern-china/ https://www.asianst
by rawgabbit 2y ago
https://www.asianstudies.org/publications/eaa/archives/crossing-the-river-by-feeling-the-stones-deng-xiaoping-in-the-making-of-modern-china/ https://www.asianstudies.org/publications/eaa/archives/cross...
With regards to China, the article I posted gives a concise history of the modernization of the Chinese economy. Essentially, they
a) chose to model their economy after South Korea and Japan as an export-economy.
b) normalized political relations with the US and the West and developed intensive trade.
c) invested heavily in manufacturing & technical skills that were lost.
Despite the pragmatism in economics and trade, China is firmly authoritarian and under the control of the CCCP.