Summary.
After Mao's death Deng Xiaoping took over unsuccessfully attempting to better relations with Taiwan, but did make trade possible allowing split families to be reunited. He initiated a reunification with Hong-Kong and also implemented the 1 child policy combating overpopulation.
Deng Xiaoping and Reunification
- attempted to build relationship with Taiwanese (didn't work)
- trade occurs between the two (families could see each other who were split before)
- reunification with Hong Kong in 1997
- becomes Special Administrative Region SAR
- brought capitalist traits in 1979
- -initiated agricultural reforms:
- farmers were allowed to sell on open market (motivation for them to keep farming)
- allowed contraction of plots of land (excess profits could be kept)
- -China accepted loans and foreign investments (largest with USA)
- -joined the International Monetary Fund (IMF) & The World Ban
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