The last 40 years in China has been maybe an unprecedented economic miracle without a doubt. But people are really surprised at how hard-line Xi Jinping is. To understand the foundational, sort of hard-line communist principles that Xi is currently implementing, you have to go back and look and see what Mao did.
Christopher Marquis, Sinyi Professor of Chinese Management at the University of Cambridge discusses his book Mao and Markets: The Communist Roots of Chinese Enterprise.
Hosts: Tim Stenovec and Katie Greifeld. Producer: Paul Brennan.
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