Asian Spectator

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Jiang Zemin propelled China's economic rise in the world, leaving his successors to deal with the massive inequality that followed

  • Written by Edward Cunningham, Director of Ash Center China Programs, Harvard Kennedy School
Jiang Zemin propelled China's economic rise in the world, leaving his successors to deal with the massive inequality that followedJiang Zemin oversaw the economic transformation of China.Diana Walker/Getty Images

By the summer of 1989, a series of problems were threatening China’s stability. Soaring inflation was undermining the economy at home while the violent suppression of Tiananmen Square demonstrations had left it largely a pariah state abroad. Yet within a few...

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