events in 1989‚ the Tiananmen Square became the site of the largest pro-democracy movement in China. It began with the death of a man named Hu Yaobang‚ a party leader who had tried to do things in his own way. Hu had suggested that it was time for Deng Xiaoping to retire from being a leader. His death had triggered massive protests that had millions filled the streets‚ criticizing the growing corruption and demanding democracy the way Hu symbolized. After seven weeks‚ it came to such a sudden end. It
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Few gave tiny Singapore much chance of survival when it was granted independence in 1965. How is it‚ then‚ that today the former British colonial trading post is a thriving Asian metropolis with not only the world’s number one airline‚ best airport‚ and busiest port of trade‚ but also the world’s fourth–highest per capita real income? The story of that transformation is told here by Singapore’s charismatic‚ controversial founding father‚ Lee Kuan Yew. Rising from a legacy of divisive colonialism
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growing consumer market • 2nd Largest importer of goods. • China became the world’s largest trading nation in 2013 A BRIEF OVERVIEW OF CHINA’S ECONOMIC HISTORY 1978: Mao Zedong’s death • Beginning of China’s economic reforms under leadership of Deng Xiaoping (9.3 average growth rate). Various development programmes • Household responsibility system • Township-Village enterprises (TVE’s) • SOEs (State Owned Enterprises) 1986: China started seeking membership of GATT. • Consensus was that state’s
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The Chinese Communist Party (The CCP) History The Communist Chinese Party (CCP) was founded in 1921 by Mao Zedong‚ who adapted the principles of Karl Marx and the experience in Russia to conditions particular to China. Mao had come of age during the “first revolution” in China in 1912‚ an era in which the Nationalist (KMT) party unseated the 3‚000 year rule of the Qing Dynasty and formed the Republic of China under the leadership of Sun Yat-sen. Mao quickly became disillusioned with the
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policy of reform and opening up. It means we must release and develop the productive forces‚ develop the socialist market economy…The system of theories of socialism with Chinese characteristics is a system of scientific theories that includes Deng Xiaoping Theory…” Socialism with Chinese characteristics is to introduce capitalism into China’s economic reform‚ so that China can rises the GDP and improve living standard of Chinese people. However‚ according to party theorists‚ the introduction and
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the Great Leap Forward ended in catastrophe. The leader‚ Mao Zedong lost a lot of his influence among his revolutionary comrades‚ supporters and eventually‚ he was removed from actual powers by the members of the party. During his eradication‚ Deng Xiaoping and Liu Shaoqi came to power. They introduced China to “economic reforms based on individual incentives where families are allowed to cultivate their own plots of land - as an attempt to revive the crippled economy. Mao detested such policies‚
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acceptable but there are rigid limits. According to The World Factbook (2008)‚ China has a high literacy rate of 90.9%. In China‚ most families are only able to have one child. This is due to the one child policy established by Chinese leader Deng Xiaoping in 1979 to limit China’s population growth. (Rosenberg‚ M 2007) Based on Hofstede’s Dimension of Cultural Scales in appendix 4‚ China has scored 118 points for Long-term Orientation. This dimension indicates the society’s perspective towards
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201502MBA104- People‚ Strategy & Leadership in Organizations Analysis of a Case Report by Júlio Alexandre Dias Neves / VH-75-NK LI KA-SHING AND THE GROWTH OF CHEUNG KONG 1. Introduction: The present case study reports the history of the life of one of the most influential persons of Hong Kong: Li Ka-Shing. The current billionaire constructed by pulse an empire‚ beginning at a sales position in a small company when young and working‚ spreading and creating an empire in a lot of different sectors
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culture and the country’s economy. These restrictions left China isolated from most foreign countries until Deng Xiaoping opened up the doors for foreign investors to enter China. Although China is a communist country‚ it has capitalist characteristics which are referred to as a socialist market economy. In 1979 Coca Cola made its emergence in the Chinese market. Soon after‚ Deng Xiaoping allowed foreign investors to invest in the Chinese market. Coca Cola was the first company to take up this offer
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largest manufacturers worldwide that have impacted globalization. It has increased China’s trade market which gives them foreign exchange but also allows other cultures some insight into China’s culture. In 1978‚ Deng Xiaoping established leadership of China. Unlike Mao Zedong‚ Xiaoping embraced globalization and demanded economic change that he believed would ensure the safety of communist rule. The Chinese government adopted a series of strategically significant policies that addressed the challenge
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