What About China? Part II: Explaining the Chinese Miracle ~ Yasheng Huang

China's rise has shook the world. It has changed the lives of over a billion people in China. It has flooded humanity with cheap goods, from single-use toys to high-tech solar panels. And it has changed the logic of war and peace in the 21st Century.

But how to explain China's dramatic rise? Was it due to the wisdom of China's leaders after Mao? Or was it all about foreign investors searching for cheap labor?

Both and neither, argues MIT professor Yasheng Huang. Yes, the Chinese leaders learned from the mistakes of Mao. And yes, foreign money made a difference.

But there is a hidden story behind China’s rise - a story which merits our attention. This is a story with deep roots in history, but with the main act being played in the Chinese countryside during 1980’s. It is also a drama whose characters have never recovered from the tragedy that took place on the streets around Tiananmen Square during a warm summer night in 1989.

This is part 2 of this 3-part mini-series "What About China", hosted by me, Ilari Mäkelä, together with ChinaTalk’s Jordan Schneider. Part 1 looked at China's deep history. Part 3 will look at China's present and future.

In this part 2, we sketch the story of China's rise, meeting many colorful characters and discussing fascinating themes, such as:

• How did Mao shape the direction of Chinese history?
• Why did China become richer than India?
• Why was 80's a golden era for liberal Chinese?
• How did the 1989 crackdown at Tiananmen square paved the way for China today?

MENTIONS

Modern scholars

Meijun Qian | Amartaya Sen | Branko Milanovic (ep. 32) | Zheng Wang (auth. Never Forget National Humiliation)

CCP Old Guard

Mao Zedong 毛泽东 | Deng Xiaoping 邓小平 | Xi Zhongxun 习仲勋 | Chen Yun 陈云 | Li Xiannian 李先念

CCP liberals of the 1980’s

Hu Yaobang 胡耀邦 | Zhao Ziyang 赵紫阳

CCP leaders after 1989

Jiang Zemin 江泽民 | Hu Jintao 胡锦涛 | Xi Jinping 习近平.

LINKS

You can read my essays and get the On Humans Newsletter at OnHumans.Substack.com.

Are you a long-term listener? Join the wonderful group of patrons at ⁠⁠⁠⁠⁠Patreon.com/OnHumans⁠⁠⁠⁠⁠.

For other episodes on economic history, see my series on the ⁠⁠⁠Birth of Modern Prosperity⁠⁠⁠, with Daron Acemoglu, Oded Galor, Brad DeLong, and Branko Milanovic.