Economic Development Strategies of China after WWII Essay

sparing Development Strategies of China after WWII - Essay ExampleDeng did not held office as the Chinas President or head of state, Premier, or even as the General deposit or as the attracter of the Communist Party, but still he is regarded as the paramount leader of the Peoples Republic of China chiefly because of his far-reaching and successful economic reforms, which only transformed China to the current business leader status. So, when Chinas developmental strategies after World War II are focused, it naturally refers to Dengs economic reforms and the related developmental strategies. Considering this fact, the discussion will about how Dengs reforms and developmental strategies, particularly his strategies to accede foreign investment and technology into Chinas economy, giving autonomy to state-owned enterprises, and the establishment of Special Economic Zones (SEZ) led to Chinas optimum economic development.Deng came into the picture in the late 1970s when the patriarch of the Chinese Communist movement, Mao Zedong passed away in 1976 and importantly China was under a actually pitiable economic condition. That is, under Mao regime, China following the footsteps of the erstwhile Soviet Union mainly developed many heavy industries, without diversification. This strategy provided little benefits for the average Chinese and even the normal consumer goods were but available. So, there was a prevailing sense among Chinas leaders that the economy was in crisis, and unless something drastic was done to modify human welfare, the survival of the regime itself was at risk (Schuman 127). However, the leaders following Maos political orientation wanted to continue the same economic strategy laced with Communist principles. On the other hand, Deng wanted to take the Chinese economy in an all-new direction. Instead of tinkering with the existing communist economic system, Deng wanted to make