Deng Xiaoping Economic Policies

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Presentation transcript:

Deng Xiaoping Economic Policies 1978-1989 By: Lisa Witherspoon and Micaela Martinez

“It does not matter what color the cat, white or black, as long as it catches mice.” -Deng Xiaoping

China under Deng He wanted to be very competitive with the West when he started In full control by 1982

Tiananmen Square June 4th Incident Massacre Student-led protests Martial Law was enforced Many things are unknown due to China’s prohibition of remembrance

10 Year Plan Announced in 1978 by Hua Guofeng Deng was in charge politically and Guofeng economically 1979 they modified the plan because their government’s high expectations Four Modernizations came from this.

Result of the 10 Year Plan Too ambitious Government couldn’t afford the costs Plan was modified in 1979 Four Modernizations

Open Door Policy Introduced by the US in 1978 Factor for China’s successes in 10 Year Plan and Four Modernizations Policy provided capital China became attractive to investors China learned from trade

Economic Growth with Ezra 1978: 11.7% 1979: 7.6% 1980: 7.8 1981: 5.2% 1982: 9.1% 1983: 10.9%

Graph -Lisa

Deng Xiaoping - T2007he Making of a Leader (Documentary of )