The Rise of Asia and the Modern Muslim World: Economic Growth, Political Conflicts, and Armed Conflicts
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The Rise of Asian Countries
China: The Birth of a Great Power
After Mao Zedong, the People's Republic of China was ruled by Deng Xiaoping (1978-1997). He promoted economic reforms known as "market socialism", which combined communism with some elements of capitalism. His reforms included:
- Dismantling the communes.
- Distributing land among the peasants.
- Allowing peasants to sell their own products.
- Encouraging the export of cheap products to foreign countries.
- Opening China to foreign trade and investments.
Xiaoping's successors, Jiang Zemin and Hu Jintao, have followed the same policy. The result has been the spectacular growth of the Chinese GDP (Gross Domestic Product) and its exports. Despite China being one of the greatest powers in the world, social... Continue reading "The Rise of Asia and the Modern Muslim World: Economic Growth, Political Conflicts, and Armed Conflicts" »