Open Door Policy in Modern China
After World War II, China's position as a sovereign state was recognized, and all special concessions and unequal treaties were abolished. However, with the rise to power of the Communist Party of China, the Open Door Policy was rejected until 1978 when Deng Xiaoping, under his new capitalist-inclined system that promoted market forces, committed China to adopting policies which promote foreign trade and economic investment. Since the late-1970s, the term "Open Door Policy" has also been used by the People's Republic of China as one justification for its demands that nations not provide diplomatic recognition to the Republic of China / (Taiwan).
Read more about this topic: Open Door Policy
Famous quotes containing the words open, door, policy, modern and/or china:
“I not deny
The jury, passing on the prisoner’s life,
May in the sworn twelve have a thief or two
Guiltier than him they try. What’s open made to justice,
That justice seizes.”
—William Shakespeare (1564–1616)
“You there, I here,
With just the door ajar
That oceans are,
And prayer,
And that pale sustenance,
Despair!”
—Emily Dickinson (1830–1886)
“We are apt to say that a foreign policy is successful only when the country, or at any rate the governing class, is united behind it. In reality, every line of policy is repudiated by a section, often by an influential section, of the country concerned. A foreign minister who waited until everyone agreed with him would have no foreign policy at all.”
—A.J.P. (Alan John Percivale)
“The shelf life of the modern hardback writer is somewhere between the milk and the yoghurt.”
—John Mortimer (b. 1923)
“In a country where misery and want were the foundation of the social structure, famine was periodic, death from starvation common, disease pervasive, thievery normal, and graft and corruption taken for granted, the elimination of these conditions in Communist China is so striking that negative aspects of the new rule fade in relative importance.”
—Barbara Tuchman (1912–1989)