this post was submitted on 03 Jan 2024
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GenZedong

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[–] [email protected] 2 points 8 months ago (1 children)

When was this liberalization?

[–] [email protected] 3 points 8 months ago (1 children)
[–] [email protected] 1 points 8 months ago (1 children)
[–] [email protected] 2 points 8 months ago

Liberalization was around August I believe so the crisis you linked wasn't a direct result of the liberalization. Its evils took a while to accumulate, but I know family members whose former prosperous factory cities have become ghost towns due to deindustrialization after the License Raj ended.