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Little Rice: Smartphones, Xiaomi, and The Chinese Dream QUOTES

1 " The fateful moment for the Chinese economy, crippled by central planning and collectivized production, was when Deng Xiaoping, China’s long-term leader after Mao’s death, announced that the country would pursue “Socialism with Chinese characteristics,” which is to say a market economy under an authoritarian technocracy. This was in 1977, as good a year as any for marking the birth of modern China. Deng and his associates undertook a job akin to that of a political bomb squad, laboriously dismantling most of the economic ideology installed by Mao without blowing up political continuity at the same time. That they succeeded is in many ways the single most important political fact of contemporary China. "

Clay Shirky , Little Rice: Smartphones, Xiaomi, and The Chinese Dream