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In 1988 the Party rejected the pressure from the World Bank, Western and Eastern European emigre economists, together with their willing Chinese liberal economist allies to go for a full-on "shock therapy" and instead rolled back some of the price liberalization and opted for economic consolidation. This is excellently covered by Weber in her book "How China Escaped Shock Therapy The Market Reform Debate".

Act 2 of this was the work of the Western security services, Soros Foundation etc. to ferment a regime change (or most probably an incredibly bloody civil war) in China with the help of the traitor Zhao Ziyang. Which was also defeated as your excellent 4-part series has covered.

The US was so close to destroying China as well as the Soviet Union, thankfully they did not and we are not living in a world fully dominated by the US capitalist elite. And many hundreds of millions were lifted out of poverty.

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