jan 15, 1978 - Deng becomes leader
Description:
Deng becomes paramount leader of China. Deng was a realist, aiming to:
- Modernise the economy
- Develop trade with the outside world
- Encourage foreign investment in China
Although Deng was prepared to adopt capitalist practices if the succeeded in modernising the economy, Deng remained a hard-line Communist. Deng kept the idea of a one-party state and no freedom of speech, rejecting democracy.
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