"It doesn't matter if a cat is black or white, so long as it catches mice." Deng Xiaoping
- Deng Xiaoping and Reunification
- 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)
- Deng Xiaoping and Economic Changes “To Get Rich is Glorious”
- Encouraged farmers to sell on the open market
- Also allowed for the contracting of plots of land (excess profits could be kept) ‘productive responsibility system’
- China accepted loans and foreign investments
- Joined the International Monetary Fund (IMF) and The World Bank - - This happens in 1997 and it becomes a Special Administrative Region (SAR)
- Social Changes in the 1980s
- Tax benefits to families who accepted this (Some lost their private plots of land)
- Marriage law brought in 1980 (confirmed the rights of women and raised age of marriage M=20 to 22 W= 18 to 20)
Summary:
When Deng Xiaoping took over in 1979, he was in charge of the institutes agricultural reform. He had encouraged farmers to sell on the open market, allowed contracts of the plots of land, which is the excess profits were being kept, and also accepted loans and foreign investments. Not only that, but he joined the International Monetary Fund ( the IMF ) and also the World Bank.
What were the advantages for fooling the Single Child Policy?
There are rewards: higher wages, better schooling and employment, and preferential treatment in obtaining governmental assistance and loans. For families who violate the One Child Policy, there are sanctions: fines, employment termination, and difficulty in obtaining governmental assistance.
If China continues its One Child Policy in the decades to come, it will actually see its population decrease. China is expected to peak in population around 2030 with 1.46 billion people and then begin falling to 1.3 billion by 2050.