China s Economy Modernization And Modernization - 2336 Words

Located in Eastern Asia, China is a country known for being a worldwide economic superpower that has had a communist government for several years. Beginning in 1978, China, under Deng Xiaoping’s rule, began to incorporate capitalistic ideas in the government. Deng created various reforms unlike any of the policies or reforms in prior years that began to reconstruct China’s economy through modernization and by establishment of international trade. â€Å"Deng Xiaoping: Renovating China’s Economy, One Reform at a Time† Located in Eastern Asia, China is a country known for being a worldwide economic superpower that has had a communist government for several years. Beginning in 1978, China, under Deng Xiaoping’s rule, began to incorporate capitalistic ideas in the government. Deng created various reforms unlike any of the policies or reforms in prior years. Deng Xiaoping began to reconstruct China’s economy by modernizing China and by establishing international trade. In the late 1930’s, the colonization of China by Japan, during the Sino-Japanese War, prevented foreign trade and modernization from taking place in China. This eventually stunted China’s economic growth (â€Å"Sino-Japanese War ...†). During the Sino-Japanese War, Japan overtook parts of China, such as Nanjing (Sino-Japanese War ...). Japan’s intentions were to gain territory and natural resources in order to become more advanced and industrialized (Sino-Japanese War ...). Japan established fa ctories and collectedShow MoreRelatedChina, Japan, and the U.S. in the 20th Century1491 Words   |  6 Pagesï » ¿China, Japan, and the U.S. in the 20th Century During the later half of the 20th century, China and Japan underwent both economic and non-economic reforms that were aided by the influence of the United States. In China, the death of Mao led to the rise of the dark horse candidate Hua Guo Fang, a transitional figure who denounced the Gang of Four. Though only in power for a few years, his last act was to revive Deng Xiaoping’s political office, a man that would do more for China in the next 20Read MoreChinese Japanese And Japanese Differences1074 Words   |  5 Pagesparts of the world. China and Japan are two countries that experienced imperialism. However, these two countries had different views on how they would imperialize. China imperialized without modernizing while Japan did. Even though China and Japan both imperialized with dissimilar views while experiencing western penetration in the 19th century, Japan’s industrialization provided greater gains for their country than China’s cultural chauvinism di d for them. To begin with, China didn’t really modernizeRead MoreThe Effects of Modernization1188 Words   |  5 PagesThere are many theories about the cause of modernization and the reasons we change with it. I believe that we are a society of free thinkers who are hungry for knowledge. The smarter we become the more we will change the world around us for good or bad. The future of modernization is only limited by our imaginations. Modernization is the process of social changes that began in Europe with the start of the industrial revolution and spread to the United States. This put us on the path of socialRead MoreThe Chinese Communist Revolution Was A Negative Impact On The Political And Economic Development Of China1393 Words   |  6 PagesRevolution had a negative impact on the political and economic development of China. It also had a positive and negative impact on the social development in China. This caused the revolution to fail to meet the people s needs. Before the Chinese Communist Revolution, Mao Zedong became the leader of the Chinese Communist Party in 1921. After the Nationalist Party is created, the nationalists chase Mao and his rebels through china. This is known as the long march which unified the communists. Mao’s creationRead MoreChinese Foreign Policy Towards North East Asian Countries1315 Words   |  6 Pagescentury, the rise of china has become the most remarkable event in the international relations. China is one of the fastest growing economy in the world. Many researchers used factionalism as a means to define Chinese foreign policy because of the conflict among the top leaders during the revolutionary period. Chinese foreign policy has become more pragmatic and sophisticated. By joining the World Trade Organization, the country increased its participation in the global economy (Hao, Y., Hou, Y,Read MoreChina Reform1739 Words   |  7 Pages2014-81611 China has always been renowned for being successful in the domains of science and arts, however in previous decades, China has been ravaged by famines, civil discomfort and foreign outsourcing. China was consumed by this injustice until well after the Second World War when Mao Zedong introduced Communism adapted from the U.S.S.R, and created an autocratic socialist system which imposes firm constraints upon the Chinese social, political and economic system. It wasnt until the 1980s ChinasRead MoreWhy Should China Ease Foreign Investors1526 Words   |  7 PagesAlthough the raise of China as a super economy was done by creating a market economy with socialist characteristics aimed at making profit and its maximization, the country has maintained state ownership of the means of production and remained a closed economy. In order to accept foreign investors to operate in China, the government imposes that they must hold majority ownership. Easing inbound investment into China’s e conomy would bring a multitude of benefits to China including the internationalRead MoreThe Political And Social Consequences Of Vietnam s Communist Party1714 Words   |  7 PagesVietnam s Communist Party is now facing the political and social consequences of its decision to integrate the country with global capitalism. The Communist Party has been enforcing a campaign against what it considers â€Å"social evils† like prostitution and there is a strict new law to stop the exploitive adoption of Vietnamese babies by wealthy foreigners. Vietnam formally joined the World Trade Organization in 2007 and now has to change many of its laws and practices to comply with WTO rules. Read MoreGlobalization Has Severely Reduced The Barriers That Exist Between Countries1624 Words   |  7 Pagesdisparity in wealth between countries, which creates an array of problems for low income countries; global inequality can be perceived from a World Systems Theory, which asserts inequality stem s from countries exploiting one another, or from a Modernization Theory, which articulates low income countries need to adapt to modern values and institutions to escape inequality. Global inequality refers to the disparity in wealth between countries. A divide has formed separating the Global North, whichRead MoreModernization Theory Of India s Democracy1722 Words   |  7 Pagesto the large population of India, the defying factors against modernization theory are not easily overlooked. Many scholars have been analyzing the deviant case for years, trying to find out how they defied the modernization theory. India is considered a deviant case because it only recently began to see notable economic development, and for most of the twentieth century the country was profound poor. Looking through the modernization theory it would lead us to believe that India was ruled by an