"Beginning in the late 1970s, China overcame centuries of stagnation precisely because Mao’s successors understood tha…"

"It came shortly after Mao's death in September of that year, and by the end of 1978 Deng had outmaneuvered all of his…"

"But democracies also took root because they generally outperformed autocracies in raising living standards. Markets d…"

"From agrarian economy to global superpower in half a century—China’s transformation has been an economic success stor…"

"In 1978, after years of state control of all productive assets, the government of China embarked on a major program o…"

"On Dec. 13, 1978, at the close of a Communist Party gathering that lasted over a month, Chinese leader Deng Xiaoping …"

"The opening up policy has enabled China to learn from other countries, either developed or developing. To strengthen …"

"No country in human history ever grew so fast over such a long period of time. Average annual growth rates of 9.7 per…"

"We are seeing the power of economic freedom spreading around the world. Places such as the Republic of Korea, Singapo…"

"Ideas of ‘market socialism’ – for example, in the USSR in the 1920s, Czechoslovakia in 1968 and Hungary in the 1970s …"