How China Got Rich

Over 40 years China has been transformed out of all recognition, the scale of its growth and the sheer speed of change has been astonishing. The country has seen the largest lifting of people out of poverty that has ever taken place in human history, and today China is a global force, predicted to become the world’s biggest economy in a couple of decades. So how did an impoverished and backward communist country become an engine of global capitalism? What actually happened 40 years ago to set China on the road to prosperity?