By David S.G. Goodman, Gerald Segal
China seems set to regain its former energy, experiencing the world's quickest monetary development for over a decade. taking a look at the demanding situations posed through reforms, the participants examine elements that would bring about or hinder the break-up of China.
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Extra resources for China Deconstructs: Politics, Trade and Regionalism
38 Neither was entirely wrong. Within half a century of Yu Yue’s prediction, the Celestial Empire had disappeared and the emperor could no longer claim with any credibility to be the Son of Heaven. But China survived, because the revolutionary nationalists who strove to bring down the Empire contested the claim of Confucian scholars that the history, the scholarship and the future of the nation all rested in their hands. It rested, instead, with revolutionary nationalists. ’40 Both worked to bring down the Empire, but neither had any intention of killing off China.
Until the announcement of Deng Xiaoping’s ‘Journey South’ changed the pace of economic development and ‘openness’ in May-June 1992 there were some relatively severe limitations on foreign investment in the PRC outside the Special Economic Zones. In general, foreign firms were discouraged from investing elsewhere, and there was no provision for land usage rights on long leases. However, between June 1991 and May 1992 some 993 foreign firms invested directly in Hangzhou City, though there was no central or formal provision.
56 The survival of the nation then appeared to depend on the capacity of the state to adapt to the new and hostile environment of international imperialism. To this end, Sun turned for help to Lenin, and to China’s Leninists. Yet the Leninists had an altogether different notion of what the death of the state might entail, because they held a distinctive view of the nation itself. 57 Nevertheless, the prospect of the death of the state filled him with a comparable sense of dread. Li cited in illustration of ‘death of the state’ the case of the 38 John Fitzgerald Jews—‘a lost people who dream about recovering their country’—as fair warning of the fate in store for the Chinese people should they fail to preserve their state.