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Deng Xiaoping's Southern Tour
Deng Xiaoping's southern tour ( zh, first=s, s=邓小平南巡), or 1992 southern tour ( zh, c=九二南巡, labels=no), or simply Nanxun ( zh, c=南巡, labels=no) was the tour of Deng Xiaoping, the former paramount leader of China, in southern China, including in Shenzhen, Zhuhai, Guangzhou and Shanghai, from January 18 to February 21, 1992. The talks and remarks made by Deng during the tour resumed and reinforced the implementation of his " reform and opening up" program in mainland China, which had come to a halt after the military crackdown on 1989 Tiananmen Square protests ordered by Deng himself. After Tiananmen Square, there was a lack of belief in the Chinese Communist Party both at home and abroad. The US and EU both issued arms embargoes while the World Bank and Asian Development Bank stopped issuing loans to China. The 1992 Southern Tour is widely regarded as a critical point in the modern history of China, as it saved the Chinese economic reform as well as the capi ...
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Deng Xiaoping
Deng Xiaoping also Romanization of Chinese, romanised as Teng Hsiao-p'ing; born Xiansheng (). (22 August 190419 February 1997) was a Chinese statesman, revolutionary, and political theorist who served as the paramount leader of the People's Republic of China from 1978 to 1989. In the aftermath of Mao Zedong's Death and state funeral of Mao Zedong, death in 1976, Deng succeeded in consolidating power to lead China through a period of reform and opening up that transformed its economy into a socialist market economy. He is widely regarded as the "Architect of Modern China" for his contributions to socialism with Chinese characteristics and Deng Xiaoping Theory. Born in Sichuan, the son of landowning peasants, Deng first learned of Marxism–Leninism while studying and working abroad in France in the early 1920s through the Work-Study Movement. In France, he met future collaborators like Zhou Enlai. In 1924, he joined the Chinese Communist Party (CCP) and continued his studies in ...
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South China Morning Post
The ''South China Morning Post'' (''SCMP''), with its Sunday edition, the ''Sunday Morning Post'', is a Hong Kong-based English-language newspaper owned by Alibaba Group. Founded in 1903 by Tse Tsan-tai and Alfred Cunningham, it has remained Hong Kong's newspaper of record since British colonial rule. Editor-in-chief Tammy Tam succeeded Wang Xiangwei in 2016. The ''SCMP'' prints paper editions in Hong Kong and operates an online news website that is blocked in mainland China. The newspaper's circulation has been relatively stable for years—the average daily circulation stood at 100,000 in 2016. In a 2019 survey by the Chinese University of Hong Kong, the ''SCMP'' was regarded relatively as the most credible paid newspaper in Hong Kong. The ''SCMP'' was owned by Rupert Murdoch's News Corporation from 1986 until it was acquired by Malaysian real estate tycoon Robert Kuok in 1993. On 5 April 2016, Alibaba Group acquired the media properties of the SCMP Group, including ...
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General Secretary Of The Chinese Communist Party
The general secretary of the Central Committee of the Chinese Communist Party ( zh, s=中国共产党中央委员会总书记, p=Zhōngguó Gòngchǎndǎng Zhōngyāng Wěiyuánhuì Zǒngshūjì) is the leader of the Chinese Communist Party (CCP), the sole ruling party of the People's Republic of China (PRC). Since 1989, the CCP general secretary has been the paramount leader of the PRC. The position of the general secretary of the Central Committee was established at the 4th Party National Congress in 1925, when Chen Duxiu, one of the founders of the CCP, was elected as the first General Secretary. After the 7th National Congress, the position was replaced by the Chairman of the Central Committee, which was held by Mao Zedong until his death. The post was re-established at the 12th National Congress in 1982 and replaced the Party Chairman as the highest leadership position of the CCP; Hu Yaobang was the first General Secretary. Since the 1990s, the holder of the pos ...
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Jiang Zemin
Jiang Zemin (17 August 1926 – 30 November 2022) was a Chinese politician who served as General Secretary of the Chinese Communist Party, general secretary of the Chinese Communist Party (CCP) from 1989 to 2002, as Chairman of the Central Military Commission (China), chairman of the Central Military Commission (China), Central Military Commission from 1989 to 2004, and as president of China from 1993 to 2003. Jiang was the fourth paramount leader of History of the People's Republic of China (1989–2002), China from 1989 to 2002. He was the Leadership core, core leader of the Generations of Chinese leadership, third generation of Chinese leadership, one of four core leaders alongside Mao Zedong, Deng Xiaoping, and Xi Jinping. Born in Yangzhou, Jiangsu, Jiang joined the CCP while he was in college. After the establishment of the People's Republic of China in 1949, he received training at the ZiL, Stalin Automobile Works in Moscow in the 1950s, later returning to Shanghai in 196 ...
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Yang Baibing
Yang Baibing (; 9 September 1920 – 15 January 2013) was a Chinese military officer. He was a senior general and political commissar in the Chinese People's Liberation Army and the younger half-brother of Yang Shangkun. Together, the two brothers effectively controlled the PLA from the early 1980s until the early 1990s. Biography Yang was born as Yang Shangzheng () in Tongnan, Chongqing, on 9 September 1920. He became a guerrilla fighter in 1937, after Japan invaded China and joined the Chinese Communist Party in March 1938. He graduated from the Military–Political University, the Central Party School, and the "''Northern Shaanxi Public School''", which trained security and intelligence officers for the Communist Party's Central Social Affairs Department. Many years later, in 1958, he also graduated from the Higher Political Academy of the PLA. Yang had a long and eventful military career, serving as both battlefield commander and political commissar. He fought in the ...
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Liu Huaqing
Liu Huaqing (; 1 October 1916 – 14 January 2011) was a Chinese revolutionary and an admiral of the People's Liberation Army Navy, who served as the third Commander-in-Chief of the Navy from 1982 through 1988. He is considered to have greatly contributed to the modernization of the Chinese Navy, and is hailed as the "father of the modern Chinese Navy" and "father of Chinese aircraft carriers". Biography Early Revolutionary Period and Chinese Civil War Liu joined the Communist Youth League of China in October 1929, before joining the Chinese Red Army in December 1930 and becoming an official member of the Chinese Communist Party in October 1935. He participated in the Long March as Head of the Organisation, Propaganda, Culture and Printing Section of the Political Department of the 25th Army during the period from 1934-1936. During the Second Sino-Japanese War, Liu advanced through the ranks, culminating in becoming the Deputy Political Commissar of the Political Departm ...
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Yang Shangkun
Yang Shangkun (3 August 1907 – 14 September 1998) was a Chinese Chinese Communist Party, Communist military and political leader, president of the People's Republic of China from 1988 to 1993, and one of the Eight Elders that dominated the party after the death of Mao Zedong.Yang Shangkun (Yang Shang-kun) (1907-1998) in ''China at war: an Encyclopedia'', edited by Xiaobing Li, pp. 512–514, ABC-CLIO, 2012. Born to a prosperous land-owning family, Yang studied politics at Shanghai University and Marxism, Marxist philosophy and revolutionary tactics at Moscow Sun Yat-sen University. He went on to hold high office under both Mao Zedong and later Deng Xiaoping; from 1945 to 1965 he was Director of the General Office of the Chinese Communist Party, General Office and from 1945 to 1956 Secretary–General of the Central Military Commission (China), Central Military Commission (CMC). In these positions, Yang oversaw much of the day-to-day running of government and Party affairs, both ...
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People's Liberation Army
The People's Liberation Army (PLA) is the military of the Chinese Communist Party (CCP) and the People's Republic of China (PRC). It consists of four Military branch, services—People's Liberation Army Ground Force, Ground Force, People's Liberation Army Navy, Navy, People's Liberation Army Air Force, Air Force, and People's Liberation Army Rocket Force, Rocket Force—and four arms—People's Liberation Army Aerospace Force, Aerospace Force, People's Liberation Army Cyberspace Force, Cyberspace Force, People's Liberation Army Information Support Force, Information Support Force, and People's Liberation Army Joint Logistics Support Force, Joint Logistics Support Force. It is led by the Central Military Commission (China), Central Military Commission (CMC) with its Chairman of the Central Military Commission (China), chairman as Supreme Military Command of the People's Republic of China, commander-in-chief. The PLA can trace its origins during the Republic of China (1912– ...
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Capital Market
A capital market is a financial market in which long-term debt (over a year) or equity-backed securities are bought and sold, in contrast to a money market where short-term debt is bought and sold. Capital markets channel the wealth of savers to those who can put it to long-term productive use, such as companies or governments making long-term investments. Financial regulators like Securities and Exchange Board of India (SEBI), Bank of England (BoE) and the U.S. Securities and Exchange Commission (SEC) oversee capital markets to protect investors against fraud, among other duties. Transactions on capital markets are generally managed by entities within the financial sector or the treasury departments of governments and corporations, but some can be accessed directly by the public. As an example, in the United States, any American citizen with an internet connection can create an account with TreasuryDirect and use it to buy bonds in the primary market. However, sales to in ...
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Chinese Economic Reform
Reform and opening-up ( zh, s=改革开放, p=Gǎigé kāifàng), also known as the Chinese economic reform or Chinese economic miracle, refers to a variety of economic reforms termed socialism with Chinese characteristics and socialist market economy in the People's Republic of China (PRC) that began in the late 20th century, after Mao Zedong's death in 1976. Guided by Deng Xiaoping, who is often credited as the "General Architect", the reforms were launched by reformists within the ruling Chinese Communist Party (CCP) on December 18, 1978, during the '' Boluan Fanzheng'' period. A parallel set of political reforms were launched by Deng and his allies in the 1980s, but eventually ended in 1989 due to the crackdown on the Tiananmen Square protests, halting further political liberalization. The economic reforms were revived after Deng Xiaoping's southern tour in 1992. The reforms led to significant economic growth for China within the successive decades; this phenomenon has ...
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History Of The People's Republic Of China
On 1 October 1949 CCP chairman Mao Zedong proclaimed the People's Republic of China (PRC) from atop Tiananmen, after a near complete victory (1949) by the Chinese Communist Party (CCP) in the Chinese Civil War. The PRC is the most recent political entity to govern mainland China, preceded by the Republic of China (ROC; 1912–1949) and thousands of years of monarchical dynasties. The paramount leaders have been Mao Zedong (1949–1976); Hua Guofeng (1976–1978); Deng Xiaoping (1978–1989); Jiang Zemin (1989–2002); Hu Jintao (2002–2012); and Xi Jinping (2012 to present). The origins of the People's Republic can be traced to the Chinese Soviet Republic that was proclaimed in 1931 in Ruijin (Jui-chin), Jiangxi (Kiangsi), with the backing of the All-Union Communist Party in the Soviet Union in the midst of the Chinese Civil War against the Nationalist government only to dissolve in 1937. Under Mao's rule, China went through a socialist transformation from a tradit ...
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Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank to promote social and economic development in Asia. The bank is headquartered in Metro Manila, Philippines and maintains 31 field offices around the world. The bank was established on 19 December 1966 and admits the members of the UN Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE), and non-regional developed countries. Starting with 31 members at its establishment, by 2019 ADB had 69 members. The ADB was modeled closely on the World Bank and has a similar weighted voting system, where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget, and other materials for review by the public. The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions located in 10 countries within the Region. After comple ...
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