Deng Xiaoping takes over, 1978
- Tried to assure Taiwanese that if they rejoined China they would still have autonomy
- Doesn’t happen but trade increases between the two
- 1987 Taiwan lifts its ban on travel to the mainland
- Also pushed for reunification of Hong Kong (Xianggang)
- This happens in 1997 and it becomes a Special Administrative Region (SAR)
"We mustn't fear to adopt the advanced management methods applied in capitalist
countries (...) The very essence of socialism is the liberation and development of the productive systems (...) Socialism and market economy are not incompatible (...) We should be concerned about right-wing deviations, but most
of all, we must be concerned about left-wing deviations."
- Deng Xiaoping
countries (...) The very essence of socialism is the liberation and development of the productive systems (...) Socialism and market economy are not incompatible (...) We should be concerned about right-wing deviations, but most
of all, we must be concerned about left-wing deviations."
- Deng Xiaoping