7min chapter

Patrick Boyle On Finance cover image

The Man Who Modernized China

Patrick Boyle On Finance

CHAPTER

China's Economic Reforms and the Tiananmen Square Protests

This chapter explores the economic reforms in China under Deng Xiaoping's policy, including the invitation of economist Milton Friedman and the subsequent crisis caused by the liberalization of the price system. It also delves into the reasons behind the Tiananmen Square protests in 1989 and the political developments that followed.

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