O'Reilly logo

Understanding the Chinese Economies by Rongxing Guo

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 7

Understanding Chinese Economic Reform

image

A roadside billboard of Deng Xiaoping in Shenzhen.

Source: http://en.wikipedia.org

Because of the Tiananmen Square protests of 1989, there was a growing formalist faction opposed to Deng Xiaoping’s reforms within the Communist Party. To reassert his economic agenda, in the spring of 1992, Deng spent the New Year festival in Shanghai and visited Wuchang, Shenzhen, and Zhuhai, in order to use his travels as a method of reasserting his economic policy after his retirement from office. On his famous southern tour (nanxun), Deng made various speeches and generated large local support for his reformist ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required