The Man Who Modernized China

When Mao Zedong died in 1976 his successors seized the opportunity to reassess the wisdom of Chinas rigid commitment to Marxist doctrine.  With Deng Xiaoping in charge, China scoured the globe in search of economic expertise to put China on the path to domestic prosperity and ultimately global economic power.The World Bank describes China’s growth as “the fastest sustained expansion by a major economy in history,” In today's video we try to understand what changes were made that allowed China to grow to become the second largest economy in the world.Patrick's Books:Statistics For The Trading Floor:  https://amzn.to/3eerLA0Derivatives For The Trading Floor:  https://amzn.to/3cjsyPFCorporate Finance:  https://amzn.to/3fn3rvCPatreon Page: https://www.patreon.com/PatrickBoyleOnFinanceBuy Me a Coffee: https://buymeacoffee.com/patrickboyleVisit our website: www.onfinance.orgFollow Patrick on Twitter Here: https://twitter.com/PatrickEBoyleBook Recommendations:Unlikely Partners by Julien Gewirtz: https://amzn.to/3R4L9oBModern China by Rana Mitter: https://amzn.to/46gUZYV Support the show