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In the Balance: China's 40 Year Economic Miracle

China's 40 Year Economic Miracle

08/12/2018 GMT

BBC World Service - In the Balance, China's 40 Year Economic Miracle

How have 40 years of economic reform changed China?

China is marking 40 years of economic reforms that turned the Communist country into a global super-power. But what are the threats to continued growth?

China is marking 40 years since the economic reforms of Deng Xiaoping kick-started the changes that turned the Communist country into a super-power. But are some of those reforms now coming to an end?  China's current leader, President Xi Jinping, is concentrating more power under his control and has to deal with bloated state-owned companies.  Anu Anand is joined by guests who remember how the reforms transformed society, but also warn of the dangers China's economy still faces today.

Contributors: Charles Parton, former British diplomat in Beijing. Associate Fellow at RUSI
Andy Xie, independent economist based in Shanghai
Yu Jie, Research Fellow, Chatham House
Michael Pettis, finance professor at Peking University 

Producer: Audrey Tinline

(Picture:Tourists pose for their friend's camera in front of the Deng Xiaoping billboard in Shenzhen, China. (Credit; Corbis via Getty Images)

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