S8 Ep495: 2. Stevenson-Yang 2: The Rise of Red Capitalists and Princelings. Following the Tiananmen tragedy, China attracted capital by empowering "princelings" to manage state assets, creating a unique system where political connections were essential for business
S8 Ep495: 2. Stevenson-Yang 2: The Rise of Red Capitalists and Princelings. Following the Tiananmen tragedy, China attracted capital by empowering "princelings" to manage state assets, creating a unique system where political connections were essential for business  
Podcast: The John Batchelor Show
Published On: Sun Feb 22 2026
Description: 2. Stevenson-Yang 2: The Rise of Red Capitalists and Princelings. Following the Tiananmen tragedy, China attracted capital by empowering "princelings" to manage state assets, creating a unique system where political connections were essential for business. Guest: Anne Stevenson-Yang.e