Carter, Reagan, Bush and China

From the late 1970s onwards China and the USSR were on two very different historical paths and three US presidents, Carter, Reagan and Bush sought to harness the potential of the world's most populous country as it rapidly became wealthier. China, often cited as having embraced capitalism after Mao, abandoned inward looking autarchy and opened its economy up in the 1980s to foreign trade and investment. In the 1990s and 2000s there would be an explosion of offshoring that has partially created the historical crises America is experiencing now. *****STOP PRESS***** I only ever talk about history on this podcast but I also have another life, yes, that of aspirant fantasy author and if that's your thing you can get a copy of my debut novel The Blood of Tharta, right here: Help the podcast to continue bringing you history each week If you enjoy the Explaining History podcast and its many years of content and would like to help the show continue, please consider supporting it in the following ways: If you want to go ad-free, you can take out a membership here Or You can support the podcast via Patreon here Or you can just say some nice things about it here Become a member at https://plus.acast.com/s/explaininghistory. Hosted on Acast. See acast.com/privacy for more information.