/biz/ - Business & Finance

>>15878542
t. uncultured retard

China received a shitton of capital from the US and then Europe during the 70s, do you think labor outsourced itself?
After the travel of Kissinger in 71 the US began sending them money (so they would not go under soviet influence) and then by the time Mao was dead in 76 they began a massive series of investment which peaked in the 80s.

China was a ricefield before westerners foolishly brought money, machineries and skills in China just to make cheaper plastic shits.