Wild Ride: A short history of the opening and
closing of the Chinese economy– April 16, 2024
by Anne Stevenson-Yang (Author)
How did
China grow from an impoverished country to become the second largest economy in
the world in just over four decades? And how did this economic miracle come to
an end, as seems the case today? To understand the story of China's rapid rise
and equally rapid fall, author Anne Stevenson-Yang takes us back to the
beginning, when Deng Xiaoping took over and opened its moribund economy to
Western money and know-how. Stevenson-Yang, who lived and worked in China for a
quarter of a century, traces each decade of China's tumultuous development,
from the roaring 1980s to today's malaise. In her first-hand account, Wild
Ride, Stevenson-Yang concludes that China is returning to the poverty and
isolation of the Mao era. What happened to the promise of the political change
that would come with the opening of the economy? And the institutional reforms
of the last four decades? The author says all that change was all an illusion.
Communist China, being interested only in survival, played along and the West
fell for it. With the rise of Xi Jinping, that capitalist experiment is over.
'It took me years to understand that I was an unwitting player in an elaborate
dramatic confection.'
Sem comentários:
Enviar um comentário