How China became a superpower: 40 years of economic reforms | DW News

40 years ago, China opened its economy to the rest of the world. A decision that ultimately made China a global economic power, second in terms of GDP behind the United States. Today, China can look back on four decades of economic reforms that have made it one of the most powerful economies in the world. In his speech at the Great Hall of the People in Beijing, Chinese President Xi Jinping pledged to continue economic reforms. But he also made clear that Beijing would not deviate from its one-party system or take orders from another country. His comments come as the United States demands more transparency in its trade relations with Beijing. Subscribe: http://www.youtube.com/user/deutschewelleenglish?sub_confirmation=1 For more news, visit: http://www.dw.com/en/ Follow DW on social media : ►Facebook: https://www.facebook.com/deutschewellenews/ ►Twitter: https://twitter.com/dwnews ►Instagram: https://www.instagram.com/dw_stories/ For videos in German, check them out: https://www.youtube.com/channel/deutschewelle #China #Economy #Capitalism

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