"It doesn't matter if a cat is black or white, so long as it catches mice"
- Deng Xiaoping
- Deng Xiaoping
Deng Xiaoping and Reunification
- Tried to assure Taiwanese that if they rejoined China they would still have autonomy
- Doesn’t happen but trade increases between the two
- 1987 Taiwan lifts its ban on travel to the mainland
- Also pushed for reunification of Hong Kong (Xianggang)
- British Colony from 1898-1997
- This happens in 1997 and it becomes a Special Administrative Region (SAR)
- Doesn’t happen but trade increases between the two
- 1987 Taiwan lifts its ban on travel to the mainland
- Also pushed for reunification of Hong Kong (Xianggang)
- British Colony from 1898-1997
- This happens in 1997 and it becomes a Special Administrative Region (SAR)
Deng Xiaoping and Economic Changes “To Get Rich is Glorious”
- Coming to power in 1979 institutes agricultural reforms
- Encouraged farmers to sell on the open market
- Also allowed for the contracting of plots of land (excess profits could be kept) ‘productive responsibility system’
- China accepted loans and foreign investments
- Joined the International Monetary Fund (IMF) and The World Bank
- Encouraged farmers to sell on the open market
- Also allowed for the contracting of plots of land (excess profits could be kept) ‘productive responsibility system’
- China accepted loans and foreign investments
- Joined the International Monetary Fund (IMF) and The World Bank
Question: what if REUNIFICATION had never been introduced?
Summary
Deng Xiaoping was a politician and reformist leader of the Communist Party of China who led China towards a market economy. He served as the "paramount leader" of the People's Republic of China from 1978 to 1992. To increase production he allowed people to sell in the open market. He accepted loans and foreign investments, and joined the IMF.