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Essay on chinese economy
Impact of communist revolution in china
Chinese economic reform deng xiaoping
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After Mao Zedong’s failed Cultural Revolution, the country was in a state of disarray. Political isolation had caused the economy to falter, while citizens struggled everyday to adhere to communist ideals. Collectivization and municipalization ran the nation, meaning the government had total control over the country which left citizens without a chance of earning their own money or providing for themselves. In turn, the quality of life in China decreased and riots began to break out. Deng Xiaoping was the leader that succeeded Mao after his death in 1976, and his reforms helped turn around the country’s economic and social situation. Careful strategic moves made by Deng allowed other countries to invest in China’s economy and the government gave people more control over their land and education. He also reduced the power of the government, moving away from Communism and towards democracy. Deng Xiaoping had a positive influence on China because he opened China up to the global markets and increased the quality of life for millions of people.
Mao Zedong left China in a deep recession, but Deng Xiaoping was able to lift China out of it by creating special economic zones and removing
China is often referred to as an emerging superpower because of its booming economy, which was carefully developed by Deng. China became self sufficient in the 80s, and continues to produce a majority of manufactured goods, which occurred because of Deng’s idea to put an end to collectivization. The middle class is steadily growing and millions of Chinese people thrive outside of their home country because Deng emphasized higher education. The Chinese leader found the issues in Mao’s government and fixed them, all while maintaining the ideals of his country and communism. Without the guidance of Deng Xiaoping after Mao’s reign, the country with a population of 1.3 billion may not have found the level of prosperity it enjoys
Following the Chinese Revolution of 1949, China’s economy was in ruin. The new leader, Mao Zedong, was responsible for pulling the economy out of the economic depression. The problems he faced included the low gross domestic product, high inflation, high unemployment, and high prices on goods. In order to solve these issues, Mao sought to follow a more Marxist model, similar to that of the Soviet Union. This was to use government intervention to develop industry in China. In Jan Wong’s Red China Blues, discusses Maoism and how Mao’s policies changed China’s economy for the worse. While some of Mao’s early domestic policies had some positive effects on China’s economy, many of his later policies caused China’s economy to regress.
Mao Zedong will forever live on history as a revolutionary, not only in China but across the globe. There are very few communist nations today because of the many difficulties of having a homogenous population, which shares the same ideals. Mao was able to modernize and re-socialize his citizens in a short amount of time. He defined himself as the face of change in China. Mao’s vision of equality for all Chinese citizens has still not been achieved but it is well on its way. The only question lies in, does the end justify the means.
Which in order to accelerate his plan he had to turn China into a modern sized industrialized state. Because of this Mao decided to launch what was known as the "Great Leap Forward". “Which began the mass mobilization of the people into collectives and many communities were assigned production of a single “commodity steel”” (Keynes 46). He wanted to increase agriculture by this and only made it worse with bad weather, chaos, and exports of food necessary to secure hard currency (Keynes 32). This resulted in the Great Chinese Famine which made food short and production fell dramatically. This caused the deaths of millions which didn 't make Mao so popular and some began to hate him as a ruler. In 1959, Mao resigned as the State Chairman and this was continued by Liu Shaoqi (Keynes
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.
Deng Xiaoping was a force for evil and that he was responsible for taking away
The spread of Communism and its ideals significantly increased during the final stages of the Chinese Civil War which intensified after the Second World War and resulted in a victory to the Communists in October 1949. At this time, the majority of the provinces in China were led by either the GMD or the CCP. However, the civilians in the GMD-ruled cities were suffering rapid inflation, strikes, violence and riots which led to a collapse of public order. Adding to this instability, corruption was rife within the Nationalist party’s leadership.... ... middle of paper ...
More murderous than Hitler, more powerful than Stalin, in the battle of the Communist leaders Mao Zedong trumps all. Born into a comfortable peasant family, Mao would rise up to become China’s great leader. After leading the communists away from Kuomintang rule, he set out to modernize China, but the results of this audacious move were horrific. He rebounded from his failures time and again, and used his influence to eliminate his enemies and to purge China of its old ways. Mao saw a brighter future for China, but it was not within his grasp; his Cultural Revolution was not as successful as he had wanted it to be. Liberator, oppressor, revolutionary, Mao Zedong was the greatest emancipator in China’s history, as his reforms and actions changed the history of China and of the wider world.
Finally, the United States political system has a strong structural structure but in China their people always work together to be the best and stand out in the world. It is predicted that China will one day be the largest economy-growing country in the world. They continually grow and rebalance their world to be the best. The growth of the economy will depend on the Chinese government's comprehensive economic reforms that more quickly accelerate China's transition to a free market economy. Consumer demand, rather than exporting, is the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection.
From the 1970s, there has been a wave of liberalization in China, which was introduced by Deng Xiaoping. This is one of the key reasons to the rise of China to be one of the economic giants in the world. In the last 25 years of the century, the Chinese economy has had massive economic growth, which has been 9.5 percent on a yearly basis. This has been of great significance of the country since it quadrupled the gross domestic product (GDP) of the country thus leading to saving of 400 million of their citizens from the threats of poverty. In the late 1970s, China was ranked twentieth in terms of trade volumes in the whole world as well as being predicted to be the world’s top nation concerning trading activities (Kaplan, 53). This further predicted the country to record the highest GDP growth in the whole world.
China is a world superpower because of their innovation from wealth and their connections to other groups through business deals. The Silk Road and China’s commerce, dating back to 500 BCE, made their current position in the world
The rise in China from a poor, stagnant country to a major economic power within a time span of twenty-eight years is often described by analysts as one of the greatest success stories in these present times. With China receiving an increase in the amount of trade business from many countries around the world, they may soon be a major competitor to surpass the U.S. China became the second largest economy, last year, overtaking Japan which had held that position since 1968 (Gallup). China could become the world’s largest economy in decades.
China's development is praised by the whole world. Its developments are not only in the economic aspect, but also in its foreign affairs. Compared to other developed countries, China is a relatively young country. It began constructing itself in 1949. After 30 years of growth, company ownership has experienced unprecedented changes.
Politically, despite the CCP’s attempts to model the success of the Communist Party in Russia, certain missteps by Chinese leaders prove the tension that exists between Marxism as an ideology and communism as a political reality. Mao’s Great Leap Forward points to the tensions which arise when attempting to properly execute the Marxist ideology. Due to the inability to plan the natural phenomenon of agriculture, Chinese society struggled immensely due to the attempt at collectivization and industrialization of the economy. Moreover, the death of Mao points to yet another tension between Marxism and communist political structures: chance. The timing of Mao’s death, coupled with his lack of a formal successor, led to Deng’s rise to power and the liberalization which he allowed.
In the race to be the best, China is clearly outperforming the United States. China has strong economic fundamentals¬ such as “a high savings rate, huge labor pool, and powerful work ethic” (Rachman, Gideon. "Think Again: American Decline). Their economy has grown an astonishing 9-10% over the past thirty years; almost double of what it used to be decades ago. China is also the “world’s greatest manufacturer and its greatest market” (Rachman). The continuing growth of China's economy is a source of concern for not only the U.S. but surrounding nations as well. One could argue that the U.S. need not worry about China’s growth because of the spread of globalization and that western ideologies would influence China to turn to democracy. Yet China has still managed to “incorporate censorship and one party rule with continuing economic success” (Rachman) and remains a communist country. Hypothetically, even if China does resort to a democratic state, this does not gua...
Mao resigned as president of the Peoples Republic of China (PRC) in April 1959 , after the Great Leap Forward, planning for Chinese production to “overtake Britain in 15 years”, failed and caused a widespread famine in China, where 20-30 million people starved. President Liu and General Secretary Deng began to restore China , while Mao remained ceremonial head of the Chinese Communist Party (CCP). Liu and Deng introduced many liberal and effective policies , which involved stepping back from communist ideals. Collectivisation and communal cafeterias were abandoned and peasants recommenced private, “capitalist” farming. They even rehabi...