Posts Tagged: video

China Booms While Liu is Behind Bars

Liu emerged from prison in 1999 to find a changed China, thanks to the work of Zhu Rongji. But Liu rejected the entire “miracle,” seeing the new China as a “robber baron’s paradise.” Artist Ai Weiwei echoes Liu’s sentiments on the winners and losers of China’s economic Boom:

New Cracks Appear

Despite the wealth Zhu had generated for the country as a whole, rural Chinese began to feel that they were bearing an unfair share of the costs. While a rising tide did lift all boats, Zhu’s attempts to appease urban areas had started widening the gap between rich and poor. As Zhu prepared to hand over… Read more »

WTO Membership

In 2001, after years of arduous negotiations, Zhu finally secured China’s entry to the World Trade Organization. The process had been fraught, with Chinese accusing the Americans of reverting to old imperialist ways and making unreasonable demands from the Chinese. Chief American negotiator Charlene Barshefsky explains the importance of WTO membership to China:

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