Reconciliation with old enemies and the return of Hong Kong, 1978–97- The significance of China's growing importance in world organisations Flashcards
when did Mao die
1976
who visited China in 1971 showing Sino-American relations were plausible
Henry Kissinger (national security advisor)
when did President Nixon visit china
1972
when did the PRC gain a place on the UN security council over the Republic in Taiwan
1971
when did Deng Xiaoping come into power
1978
what characterised Deng’s outlook
pragmatism and the principle that the cat’s colour did not matter as long as it caught the mice
what would securing a place on the UN security council mean for China
it would mean the PRC was the recognised government of China (legitimate), allow china to participate in global politics as an equal to the USA, USSR, britain and France
what was significant about China’s membership of the Un security council
only non-white, non-western, developing asian country
what was China’s rate of non-participation in UN votes in the 1970s
32.3%
what was China’s rate of non-participation in UN votes in the 1980s
6.2%
what did deng say should be prioritised over the ideological struggle
amicable relations with major states and institutions like the IMF and UN
what is an example of China participating in international politics
1980- supported a UN resolution to discuss the USSR invasion of Afghanistan
what 2 events in the 1990s altered china’s participation in the UN
the Tiananmen square protests 1989 and the collapse of the USSR in 1991
what was significant about the collapse of the USSR for China
it was now the only major communist power
why did China begin to abstain rather than veto economic sanctions in countries like Bosnia…
because it did not want to hinder trade relations by obstructing the UN’s efforts in areas in which it held no strategic interest
When did the PRC join the IMF and the world bank
1980
what was Deng’s economic stance
progressive (not politically)
how did the IMF encourage reform in china
push for decentralisation, less direct gov involvement, acceptance of free-market values (controlling money and interest rates), changing the taxation system and extending foreign trade/loans
When did China increase interest rates and devalued the currency (IMF advised)
1986
what did IMF membership mean for policy
made it more transparent, sharing of sensitive data benefitting economic development
why did the world bank have a more pronounced effect on china than the IMF
its involvement war broader an reached all areas of the economy: social, regional, environmental and macroeconomic reforms
what did a world bank delegation agree in 1980?
5 development loans
what was the loan given by the world bank to develop universities
$200 million
what was the loan given by the world bank to improve irrigation and drainage in Shangdong
$60 million
