Deng Xiaopings Reform and Opening (1 янв 1978 г. – 18 дек 1978 г.)

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Deng Xiaoping, a Chinese politician and a paramount leader of the People’s Republic of China, decided to use capitalist ideas to further help the economy. People were now allowed to cease control of their own land under Deng Xiaopings new policies. He also created the ‘Open Door’ policy, which permitted foreign businesses that desired to set up in China.

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