Deng Xiaoping era ends with Xi Jinping firmly in control
THE era of Deng Xiaoping, who brought China the reform and opening-up policy in 1978, is over. This is now the era of Xi Jinping.
This year, 2018, marks the 40th anniversary of the reform movement, led by the redoubtable Deng Xiaoping, who ended the madness that had gripped China during the Cultural Revolution.
Deng's signal achievement was the decision in December 1978 by the Communist Party to embrace economic modernisation as its main task instead of class struggle. In a keynote address in preparation for the third plenary session of the Central Committee, he issued a call for emancipation of the mind, telling people to rid themselves of their mental shackles and to seek truth from facts.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Columns
‘Competition for talent’ a poor excuse to keep key executives’ pay under wraps
OCBC should put its properties into a Reit and distribute the trust’s units to shareholders
Why a stronger US dollar is dangerous
An overstimulated US economy is asking for trouble
Too many property agents? Cap commissions on home sales
Time to study broadening of private market access