Exploring China’s Shift from Communal Poverty to Private Prosperity
Exploring China’s Shift from Communal Poverty to Private Prosperity
Just 50 years ago, China was one of the poorest countries on Earth. Many of its people lived in mud-brick homes. Most were undernourished. Everyone was trapped in a rigid communist system that crushed initiative. Today, it is the world’s second-largest economy by some measures, home to gleaming megacities and the largest middle class by...