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Deng Xiaoping's pragmatic agricultural policy, which allowed peasants to return to tenancy systems after Mao's Cultural Revolution, brought hundreds of millions of Chinese an economic miracle that allowed them to overcome their bitter poverty. A narrative that is partly true. However, this also happened at the expense of the people's uncertainty as to when the next change of course in the party would jeopardize what had been achieved.
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A Canadian ex-employee of the investment bank AIIB flees China head over heels after receiving a tip. His government suspends ties with the bank and considers withdrawing from it. Critics of the institution see their suspicions confirmed.
By Marcel Grzanna
