Chinese Communists have long embraced capitalism, for various reasons. In the 1930s Communists made deals with foreign capitalists to finance the revolution. Mao continued to promote trade after 1949. Jason Kelly shows how global deals kept China embedded in markets and their norms, laying the groundwork for the capitalist reforms of the 1980s.
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Chinese Communists have long embraced capitalism, for various reasons. In the 1930s Communists made deals with foreign capitalists to finance the revolution. Mao continued to promote trade after 1949. Jason Kelly shows how global deals kept China embedded in markets and their norms, laying the groundwork for the capitalist reforms of the 1980s.
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