China's Economy 25 Years After Tiananmen Square
Friday, May 30, 2014
June 4 marks the 25th anniversary of Tiananmen Square, when student-led protests in China were ruthlessly put down by the country's government. Today, China is poised to surpass the United States as the world's largest economy. Perhaps that's not too surprising for a country of 1.3 billion people that has embraced capitalism and seen its economy boom. This week on Money Talking, WNYC contributors Joe Nocera of the New York Times and Rana Foroohar of Time magazine discuss how the meteoric rise in China's economy is connected with the Chinese government's response to Tiananmen Square and what it means for it to surpass the U.S. as the world's largest economy.