GRIN Verlag Social and Economic Events of the Chinese Economic Revolution (1949 - 2013)

Diploma Thesis from the year 2013 in the subject Orientalism / Sinology - Chinese / China, grade: 10/10, , language: English, abstract: The purpose of this thesis is to identify how the Chinese Economic Revolution has caused economic and social gaps between the poor and the rich. Nowadays, unfortunately, many Chinese still live in poverty, considering that China has overpopulation with 1.369'811.000 citizens. The phenomenon of overpopulation has led to the creation of the "One Child Policy", which has consequences: aging population, abortions; thus violation of human rights. There is the need to inquire deeply into the history of China, its beliefs, its dynasties, and its government. Thereby, it is easier to determine the main reasons and consequences of their economic revolution. The People's Republic of China or the "Middle Kingdom", founded in 1954, shows its Sino-centrism throughout its political, economic and social history. On the other hand, the Communist Party of China, with Xi Jinping as president, is the essence for the orientation of the interests of the Chinese, for the development of China's productivity, and for the starting point that the government uses to make national and international decisions. Mao Tse Tung and Deng Xiaoping were the promoters of the transformation of China. Mao Tse Tung based mainly on the socialist industrialization and socialist agricultural changes; however, those events were the reason of millions of deaths in China and the worst famine of the world. Deng Xiaoping followed the development process of Maoism, but he did it whit his own ideals, such as: application of economic reforms, trade liberalization, implementation of productivity factors. It helped to establish an economic model of investment, saving and exports in China. Nowadays, China's social development faces challenges to which economic and social policies will need to answer for. A main challenge is to fight for the high inequality in incomes, consumption;