2. Stevenson-Yang 2: The Rise of Red Capitalists and Princelings. Following the Tiananmen tragedy, China attracted capital by empowering "princelings" to manage state assets, creating a unique system where political connections were essential for business

Season 8, Episode 495,   Feb 22, 03:55 AM

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2. Stevenson-Yang 2: The Rise of Red Capitalists and Princelings. Following the Tiananmen tragedy, China attracted capital by empowering "princelings" to manage state assets, creating a unique system where political connections were essential for business. Guest: Anne Stevenson-Yang.

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3. Stevenson-Yang 3: Ghost Cities and the Infrastructure Credit Boom. Massive cash injections fueled construction of empty "ghost cities" and emulated Western landmarks, leading to a monumental credit expansion that eventually dwarfed the American system.
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