Contributor(s): Professor Justin Lin | As a result of the miraculous growth since the market-oriented reform in 1979, China’s status in the global economy has dramatically changed. This speech will reflect on China’s unprecedented growth in the past 32 years, examine the reasons of that growth, and discuss prospects and challenges for China to maintain an ei ... Show More
Nov 2023
China’s Crumbling Economic Story
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 s ... Show More
17m 15s