How China became the world’s factory

How did China evolve from an impoverished, agrarian society into the industrial power we know today?

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[TheEspetro]

I'm constantly amazed by how underrated this channel is. Shirvan, I'm an actual fan and admirer, man.

[HistoryOfRevolutions]

Lin Yutang (林語堂) once wrote:

"Only he who handles his ideas lightly is master of his ideas, and only he who is master of his ideas is not enslaved by them"

[logaandm]

Some have thought a great strength of the USA is that the 50 states can experiment with different economic, social and government balances with the best ideas rising to the top. An interesting comparison to Deng Xiao Ping. As I grow older, I have come to realize that the ability to adapt is just as important as strength.

[stefanpolat]

'First-world infrastructure with third-world labor' summed up Chinese manufacturing well! Good stuff Caspian Report!

[TheReaper]

"It was this first world infrastructure and third world worker costs that western companies found irresistible"

[srry]

I would say that the Singaporean model is a more apt description of the reforms Xiaopeng implemented than Japan, Taiwan, & SK - a form of Authoritarian capitalism that by the 80s proved to be remarkably effective at modernizing the economy while still retaining iron-clad control over the populace

[McRyach]

*"There are decades that nothing happens. And there are weeks that decades happen"*
Lenin

[arrow]

Also China saw what happened to the Soviet Union, so NO political liberalization.

[EpicMomentGuru]

Man I love your reports they give me a view of the world that is more unbiased and rich in context. It helps me to understand the current state of our world and helps me to plan out for the future.

[malachaiuys]

*The world gets more interesting and more complex each day*

[urhsusnikvrecic]

You could almost say they made a great leap forward

[pierrel]

'Sometimes reforms can be as dynamic as revolutions' wow

[GB-nncx]

One of the best YouTube channels I have come across.

[zacharyjensen]

I see someone's been reading How Asia Works.

[sinoroman]

What was different with Japan, South Korea, and The Southern Republic was that they were subsidized by the US. China had to figure out the system and policies on their own, which required a lot of fails and passes. That was the big difference that wasn’t mentioned in the video.

[sinoroman]

Deng Xiaoping followed the Singapore system. He understood economics, didn’t have to look at “US allies” to know that economic reforms were needed

[ProtiumPower]

All I can say is that more world factories are required to maintain a healthy competition, otherwise dependence of world will increase.

[dann]

I am always awestruck in each episode because of how fitting and pithy the quotes and phrases Shirvan uses are. 10/10 script writing skills.

[sinoroman]

Qing was an economic power because of Ming, all videos on YouTube fail to mention the key bit. It’s a small detail but very important to understanding. Also, I’ve seen a documentary made by a British researcher that said Communist China was open to trade or dialogue but America rejected.

[bg]

True story: 30 years ago my first job is with Shanghai city owned hotel chain. I left shortly after. Couple years ago, as I drove around the UK and checked into my old employer’s hotel via Expedite. I thought this was impossible because this’s the same hotel I stayed in @Paris at different time. After searching online, they are now global conglomerate now ( Radisson, French du Louve, operating the biggest discount chain in China). When I was there, they have 12 rundown local hotels. success is to turn less efficient city owned companies profitable. City then can have money on public work. Technically Shanghai taxed UK and Paris.