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, open, door, policy, modern and/or china:
“Wild Bill was indulging in his favorite pastime of a friendly game of cards in the old No. 10 saloon. For the second time in his career, he was sitting with his back to an open door. Jack McCall walked in, shot him through the back of the head, and rushed from the place, only to be captured shortly afterward. Wild Bill’s dead hand held aces and eights, and from that time on this has been known in the West as “the dead man’s hand.””
—State of South Dakota, U.S. public relief program (1935-1943)
“We must not leap to the fatalistic conclusion that we are stuck with the conceptual scheme that we grew up in. We can change it, bit by bit, plank by plank, though meanwhile there is nothing to carry us along but the evolving conceptual scheme itself. The philosopher’s task was well compared by Neurath to that of a mariner who must rebuild his ship on the open sea.”
—Willard Van Orman Quine (b. 1908)
“There is always one moment in childhood when the door opens and lets the future in.”
—Graham Greene (1901–1994)
“The policy of dollar diplomacy is one that appeals alike to idealistic humanitarian sentiments, to dictates of sound policy, and strategy, and to legitimate commercial aims.”
—William Howard Taft (1857–1930)
“And of the other things death is a new office building filled with modern furniture,
A wise thing, but which has no purpose for us.”
—John Ashbery (b. 1927)
“Riot in Algeria, in Cyprus, in Alabama;
Aged in wrong, the empires are declining,
And China gathers, soundlessly, like evidence.
What shall I say to the young on such a morning?—
Mind is the one salvation?—also grammar?—
No; my little ones lean not toward revolt.”
—William Dewitt Snodgrass (b. 1926)