China opens up to capitalism

During the Vietnam War, North Vietnamese VietCong guerrillas built a vast network of tunnels in the south of the country as part of the insurgency against the South Vietnamese government and their American allies. The tunnel network was a key base and shelter for the North Vietna ...  Show more

On 29 October 2016, Mexico City held the first Día de los Muertos parade, inspired by the opening scene of the 2015 James Bond film, Spectre.The Day of the Dead, an annual festival in Mexico, has been celebrated for thousands of years but didn't used to involve a carnival process ...  Show more

Deng Xiaoping's reforms in the 80s transformed Shenzhen, a small town near Hong Kong, into an economic powerhouse. China's rapid growth lifted millions from poverty but did it grow too quickly to be sustainable? Now China faces deflation, and experts are worried that this could s ...  Show more

After better-than-expected economic data kicking off the year, and a blistering start for the equity market, where does China go from here? Goldman Sachs Research’s Hui Shan and Kinger Lau discuss the evolution of China’s economy and capital markets. Learn more about your ad choi ...  Show more

With regard to the question of why China embraced capitalism, it is important to note that in Mao’s time, the Soviet Union and China were allies Mao’s China was a communist country, but it was still very much in the midst of a revolution China saw the Soviet Union as a revolution ...  Show more