The positive and negative results of china’s “opening up” under Deng Xiao Ping Before Deng Xiao Ping came into power china was a failing society in which most of its people where starving and the countries economical situation was poor. Deng Xiao Ping came to power and enacted economic reforms that would move China onto the road to becoming one often greatest economic powers the world has ever seen. Deng Xiao Ping’s long term plan was to implement four groups of economic reforms that would help to kick start China’s economy. The Reforms included agricultural, Industrial, Scientific and militaristic. These plan would revolutionise china a turn it into a global economy. To succeed in these plan Deng Xiao Ping know that It would included opening up China to the rest of the world. Without money coming in from foreign benefactors, There was no way China could recover without outside help. …show more content…
Before this reform China was a closed off country that gave no opportunity to allow foreign investment. Deng Xiao Ping opened up that rule as he wanted money to start coming in from other countries to raise China’s economy. As money was coming in from foreign benefactors China’a now had a vast source of income and future potential income. The industrial reform also created large factories to produce goods that it could trade with other countries once again to open up a new source of income. Factories started to sing up creating millions of jobs for the Chinese population. More people started to earn a steady income. This meant that now people had more money they could spend on luxury good which improved the countries cash flow once again. Other garment leaders feared that allow foreign countriese to invest in china would become a risk to China’s wellbeing and made Deng Xiao Ping’s planes much harder to be past and in the end took longer for them to
The Chinese were able to learn from their mistakes from the past and turn them into positives in order to better improve their economy for the future. With the opened ports and foreigners free to visit China, the educated citizens class was increasing in numbers. Many of these people were not happy with the progress of the Qing Dynasty and started to form groups in order to help find alternatives to certain situations. By 1912 the last Chinese emperor stepped down and the order that had ruled over China for two thousand years had finally fallen. This was a new start for the China. The rebuilding of China was very difficult, but using what they had learned, China was able to modernize themselves in many aspects, including military, improve their economy, and overall developed themselves into a superior country.
Located in Eastern Asia, China is a country known for being a worldwide economic superpower that has had a communist government for several years. Beginning in 1978, China, under Deng Xiaoping’s rule, began to incorporate capitalistic ideas in the government. Deng created various reforms unlike any of the policies or reforms in prior years that began to reconstruct China’s economy through modernization and by establishment of international trade.
In 1949 china was under the expression of a communist state. The regime of china was set up in similarity to the regime of Vladimir Lenin in the Soviet Union. Mao Zedong was part of the communist party. He followed the vision of Karl Marx, by envisioning a society under his regime that all shared equal prosperity and communism. In order to bring this vision to reality, he wanted to eliminate all capitalism and its emphasis on property rights, profits, and free-market competition. In the 1950’s in the rural of china, Mao banned free markets, which involved peasants selling farm products. However the trade of capitalism still existed through the private enterprise of remnants. Mao was dissatisfied with the outcomes towards an economy of Marxism. So he strived for a stronger approach by coming up with the Great Leap Forward. However, after the intense economic development that china had suffered from the great leap forward, it left millions of individuals throughout china suffering from the masses and deaths from the collapse of the food system. Because of the major consequences that were suffered from this approach it was unable to be left unnoticed. So, in 1960 after Moa Zedong declined all responsibility towards the disaster from the Great Leap Forward, Lui Shao-chi and Deng Xiaoping were left to rectify and administer the crisis. However, their attempt to repair the economic damages towards china, only led to the reverse of Mao’s earlier policies. That were
In correlation to Stalin’s Russia, Mao’s China shadowed through the darkness of an intensive economic crisis, generally referred to as, ‘The great leap forward’. The campaign lasted over a decade despite the catastrophic events that made China and its economy go downhill. Although Mao’s efforts were too colossal to go unnoticed, the monstrosity of a decade lead Mao to slowly fade in the background. Consequently, Zedong’s acquaintances, Deng Xiaoping and Liu Shao-chi, rose to power to rectify the situation. Deng and Liu’s attempts to restore China – after the period of the great leap forward - may have been an optimistic road for the two officials. However, for Mao Zedong, it was far from the ideologies he obtained from the very beginning. Mao’s return in 1966 was merely to enforce his socialist principles, underpinning the Cultural Revolution.
China has reached a milestone in terms of achieving its centenarian goal of making China a prosperous nation once again. One of the ways that it has done this is by having steady economic growth even in the midst of an economic crisis. Not only has China’s economy grown, but its standard of living has also improved, it has achieved this by spending 70 percent of its fiscal revenue towards improving people’s standard of living. China has also pushed more anti-corruption reforms and has made efforts towards widening its economy by setting up freer trade.
China had fallen behind the rest of the world with its economy and technology. China was struggling with feeding its own population, and still
This caused a shift towards a fast growing consumer society. Slowly the Chinese began to be able to buy more consumer goods due to their increased revenue. However, the dawn of the 80’s made Deng question the growth of China. A fear for two much freedom and inflation made Deng re-polarize and backtrack, slowly limiting spending. This form of rising expectations met by failed expectations from the young and growing consumer market ultimately led to the fatal incident of 1989. The change and freedom in laws gave the younger generation a feeling of empowerment and euphoria. High expectations grew out of this booming mixed economy. However, signs of corruption and inequality led for friction in the ranks of Chinese society. A call for increased standards of living for educated citizens caused uproar countrywide. Their protest that came to a bloody end is what we know as the Tianan Men Square Massacres.
Life in China during the 1980s began to progress because of the Economic Reform in Communist China. Leaders of the communist party, Deng Xiaoping and Mao Zedong did not agree with each other on one major part of Chinese history, which was the Cultural Revolution. Deng disagreed with Mao on Mao’s views about the ideas of a cultural revolution in China, because he believed that it would become a negative effect on the people. Deng Xiaoping was openly critical of Mao Zedong’s ideas but Deng was also one of the leaders of the communist party, so nonetheless, he was arrested and removed from office until the end of the Cultural Revolution. A few years later, in 1976, Mao Zedong had passed away, leaving the country in despair. Deng Xiaoping rose to power and began working non-stop on economic reforms in communist China in the many years to come. Deng Xiaoping was a much more effective leader than Mao Zedong. China began growing economically and Deng provided better lives for people and created hope for his country, but his journey was not short and nor was it simple.
China was still recovering from the Cultural Revolution. And amazingly, when he left in 1992 several hundred million citizens in china have been brought out of poverty and got jobs. China has gotten more richer and modern then before, and China has gotten an economical boost since Deng Xiaoping was the leader. Deng modernized china, and made it a safer, and more better place to live in then before.
China's transition from the leadership under the iron fist of Mao Zedong to the more liberal Deng Xiao Ping gave the People's Republic a gradual increase in economic freedom while maintaining political stability. During Mao's regime, the country focused on bolstering and serving the community, while subsequently encumbering individual growth and prosperity. Deng advocated a more capitalist economic ideology, which established China as an economic force in the global community while endowing its citizens with more liberties and luxuries than previously granted.
Throughout the course of the 20th century, China evolved from traditionalism to modernization. Many of the important political figures helped shaped China to what it is today. Deng Xiaoping was one of the powerful leaders in the People’s Republic of China during the 1970s. His goal was a wealthy, modern, powerful China, and he opened doors to new relations by establishing ties with the Western countries. Deng focused on building up China's industry and was open minded towards his ideas. During his years, Deng focused on the importance of government and economy, the relationship with the people, and military tactics. Because of his efforts, Deng Xiaoping did many great things for China that helped
Deng created socialism intertwined with communism. He wanted the government to still have most of the control over the people, but less control over farming and industry. This way the people would be able to sell their goods. He wanted more businesses in China, even with foreigners. Deng was the first to bring capitalism into China. He is known as the man that brought China up from being a third world county to one of top economic leaders in the world.
Feeling this was not enough to boost the economic up, Deng loaned money from IMF and the World Bank “to upgrade machinery and establish new manufacturing and industrial development” (Benson, 48). He opened a total of five towns and villages as SEZs and allowed foreign investors to build factories and hire Chinese to work for them. It might not be the best way to reform the economic as a whole, but it played an important role because it benefited the Chinese workers, the investors, and the Chinese government. During the 1980s, Deng promoted the “open door” policy to encourage foreign investment and to trade with the world. China needed larger quantities of raw materials to fuel its industrial growth so they signed contracts for minerals, timer, and so forth. It had not only provided China with raw materials that were needed, but also improved the relations with other neighbor counties and the US.
On the other hand, in China, Deng Xiaoping focused on the Four Modernizations: industry, agriculture, technology, and national defense. Differing from the Gorbachev’s reform, many of the restrictions against private activities and profit incentives were eliminated, and the government encouraged everyone to work hard to receive their own benefits. The new slogan replaced the tenets of Mao Zedong thought: “Create wealth for the people.” Another success of this program was the attraction for foreign technology and capital by the government’s ability; thousands of students and specialists abroad to study capitalist techniques. Even though Deng’s program had failed to achieve a “fifth modernization” – democracy, his reform helped China make great
. Xiaoping implemented significant change going from a centrally planned economy run by the state, towards a private entrepreneur market based economy. This transition to a new type of socialist thinking, known as the socialist market economy, proved highly successful as it allowed China to move from a nation in poverty ruled by a single person to the second largest economy in the world. A more sudden or abrupt change could have easily resulted in the fall of China’s economy, similar to what certain European countries experienced in 1991 at the end of the cold war between the super powers.