2min chapter

ChinaTalk cover image

Tooze and Klein on China's Economic History and Future

ChinaTalk

CHAPTER

The Soviet System - The Late Mau Period, the Standard Narrative

Adam Smith: China's new leader has fallen foul of the ossification of the system which they so feared. He says she is desperately trying to re energize the bureaucracy that no one has done more than him to paralyse. But, he adds, some problems you can solve, you can only solve with lots of centralization.

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