Deng Xiaoping's Economic Reforms in the 1980s (Made Simple)

Having successfully ousted Hua Guofeng as the leader of China, Deng Xiaoping was faced with a tough question, “What to do with the economy.“ Maoism had seemingly placed China in a precarious situation as 250 million people lived in poverty. As Deng Xiaoping himself put it, it was time for “socialism with Chinese characteristics.“ In today's episode, Mr. mitchell takes you through the reforms that Deng Xiaoping made to the economy of China in the 1980s and how he massively liberalised the economy. In this series, Mr. Mitchell takes you through the history of Modern China from the 1940s up until the present day beginning with the Chinese Civil War. Regardless of how “into“ history you'd consider yourself, this is amongst the most important educational topics in the world. As we look towards the 2020s, it seems more and more like the USA is going to be overtaken by China as the world's dominant superpower. With this being the case, we ought to understand who they are, what made them the way they are, and whether they really are the “boogeyman“ of world politics. It's well worth a watch.