Question

1) South China Tour
What prompted Deng xiaoping to tour South China at the age of 88? Why was the tour labelled as of historic significance?

2) what led to the financial crisis between 1979 and 1980 in China? How did Chinese manage to cope with it?
Sympotoms , causes and solutions?

3) Entry into WTO
China sought the resumption of its status as a contracting party to GATT in 1986. What does "resumption of its status" imply? Why did it take China 15 years to become No. 143 member of WTO

Answer 1

Ans- 1) Deng Xiaoping wAs a prominent leader of People's Republic of China. He retired at the age of 88 in the year 1992 . He was an advocate of reforms and integration of China with rest of the world . But many leaders were against the reforms . Deng knew that China was in need of development that could be possible only with reformation of the economic system i.e by opening up to the world . Therefore, to spread the agenda and the benefits accrued to it he decided to go for a tour in South China . He visited places like Shenzhen,Zhuhai,Guangzhou and Shanghai . He spread the word among the people about the dire need of reforms and asserted people to walk on this path .

His tour influenced many people and developed a popular mandate for reforms . Hence , China opened up and started integrating with the global economies . Trade flourished in China and since then there is no looking Back . China has left global footprints in international trade after these reforms . Hence , this tour was labelled as an incident of historical significance.