About this episode
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
Get every episode summarized
Each time Economics Explained publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Economics Explained
Did Pensions Destroy France?
Economics Explained
Sep 9, 202624:14failed
What Is The Net Worth Of The World
Economics Explained
Sep 2, 202630:49pending
Iran's Economy Was Collapsing … And Then The War Started
Economics Explained
Aug 31, 202616:48pending
Where Has Venezuela's Oil Gone?
Economics Explained
Aug 26, 202616:55pending