China Under Deng
China Under Deng Xiao-ping
Deng changes communism by restructuring the Chinese economy"to
get rich is glorious"Socialism with Chinese CharacteristicsEconomic
Reform in China
Black Cat, White Cat, it doesnt matter as long as the cat
catches mice Process of Restructuring was Two-fold One:
Decentralize the economy by:Shifting authority for decision
makingrecognizing diverse forms of property rightMost prices set by
supply and demand
Note that this is limited Privatization: diminishes(doesNOT
eliminate) state owned factories
TWO: Open China to the outside world by . . .Increasing trade
with a focus on export lead growth(B) encouraging foreign
investment
Economic Reforms = Moderate, PragmaticCapitalist characteristics
in Socialist economymixed economy - state controlled
industry/farming with:profit motivecompetitionworker incentivesIts
okay to get richAcademic elite respect for intellectuals &
scientistsConformity rules relaxedLess concentration on political
philosophyRESULTS
Consumer product growth
Foreigners invest more
China joins the World Trade Organization in 2001
US trade imbalanceGross Domestic Product growsMore RESULTS
Rich/poor gap growsEnvironmental DegradationRural/urban gap
growsMaybe perestroika but not glasnost
Social / Political Reform = WHAT REFORM??Powerful Communist
PartyNo freedom of speechNo freedom of pressNo freedom of
assembly/protestState still owns landState still controls large,
lucrative industriesLow human rightOne-child limit (adopted in
1979)
Socialism with Chinese Characteristics!Tiananmen Square
MassacreSpring 1989Pro-democracy movementCall for 5th modernization
by students and intellectualsSame time as:Elections in PolandFall
of Berlin WallU.S.S.R GlasnostDemands:Free speechCrackdown on
corruption
Democracy Wall
Tiananmen Square Massacre
http://www.youtube.com/watch?v=SB70mWXrzEE&feature=relatedPost
Tiananmen ChinaGovernment Big Lie Campaignpublicized what they
wanted people to knowstudent leaders jailed or executedruined Dengs
international reputationcreated fear in the citizens of Hong Kong
& students studying abroad
Today issues include:Balancing limited capitalism with communist
ideals
Environmental pollution
Unequal male-to-female ratios resulting from One-Child
Policy
Control of Tibet
