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China 's Sudden Growth And Rise Of A Economic Superpower

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China’s sudden growth and rise to an economic superpower has affected the worldwide economy, the worldwide environment, and its own private industry in ways that may have longstanding effects for the future. Prior to the nineteenth century China had the world’s largest and most advanced economy, but missed its industrial and cultural revolution and began to decay (Cao, 2003). China began its rise to a new economic superpower in 1948, in the wake of World War II. It had just emerged as its own independent country after the US forced Japan to surrender and cancel its plans to subjugate the eastern half of the Asian continent and a power vacuum was left for the Chinese people to fill. The two main parties vying for leadership were Mao …show more content…

He was the paramount leader of China from 1978 to 1992. He never became the head of state or the party leader but his influence in the party led to large economic reforms in the country. Deng favored opening up the country for trade and tourism into the global economy, so in late December of 1978, China ordered there 747s from Boeing, Coca-Cola announced that they would be building a plant in Shanghai and in early 1979 the Chinese government changed its economic strategy to prioritize the manufacture of goods for sale abroad (Smitha, n.d.). As a part of the drive for economic advancement and opening to the global economy, students were sent to foreign countries to study, and in 1984 a patent law was adopted to protect foreign patents to improve relations with foreign powers and foreign businesses. Also, in an attempt to restore religious freedom, 900 protestant churches and 90 catholic churches were reopened. Under Deng, manufacturing companies had to obtain economic realities such as demand and the prices to set for goods, and Managers of plants were paying attention to the quality of their product (Smitha, n.d.). This was the beginning of China’s rise to a superpower. But the rise to superpower took its toll on the country: huge amounts of poverty on the scale of 85% in 1981 (Shah, 2011); widespread corruption shown by 28,894 officials investigated for duty-related crimes, 16,385 of them for

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