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S8 Ep495: 2. Stevenson-Yang 2: The Rise of Red Capitalists and Princelings. Following the Tiananmen tragedy, China attracted capital by empowering "princelings" to manage state assets, creating a unique system where political connections were essential for business

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2. Stevenson-Yang 2: The Rise of Red Capitalists and Princelings. Following the Tiananmen tragedy, China attracted capital by empowering "princelings" to manage state assets, creating a unique system where political connections were essential for business. Guest: Anne Stevenson-Yang.

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