Word: deng
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...also a high-risk gamble. The elements may prove truly irreconcilable, and Deng's bold experiments could dissolve into economic chaos. It is even possible that they could give way, though probably not until after his death, to at least a partial restoration of the ironfisted, xenophobic rule and extreme regimentation imposed on China by Deng's predecessor Mao Tse-tung. But in 1985 Deng gave fresh evidence of his determination to push his reforms through to their conclusion, whatever that might be. Having essentially completed a transformation in the countryside, where 80% of China's masses live, by freeing...
Whether this second stage of the second revolution can fulfill Deng's dream of hauling China out of its still desperate backwardness into the 20th century by the time the century ends is anyone's guess. It got off to a somewhat rocky start, and is encountering more opposition than the first, rural stage did. But if it should succeed, the transformation would have profound and enormous consequences throughout the world...
...foreign policy, the motto under Deng seems to be: try to get along with everyone so that the nation's energies can be concentrated on economic development. China has cautiously resumed trade and cultural exchanges with the Soviet Union. Peking has spared little effort in trying to convince the non-Communist nations of Asia that it intends to be a peaceful neighbor. It stopped aid to Communist rebels in Thailand in the late 1970s, and today disavows any idea of helping those in Malaysia, Indonesia or the Philippines. The only guerrillas China is aiding today are those battling the Soviet...
...nation, two systems" approach as a model for a reunification deal with Taiwan, which it once threatened to take by force. Peking proposes to let Taiwan retain not only a capitalist economy but independent armed forces. Taiwan so far is not buying. Eager for more trade and investment, Deng is trying to make China a partner in the non-Communist world economic system. In 1986 Peking expects to apply for full membership in the General Agreement on Tariffs and Trade, the 90-nation organization that monitors world-trade rules...
...striking as the transformation of China into a power dedicated to stability has been, it is economic rather than foreign policy that will determine Deng's place in history. He has staked everything on the success of his economic reforms, arguing that whatever their theoretical justification or lack of it, they will work. And so far they generally...