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Thirty Years of Turbulence - Chinese Enterprises

作者:admin  点击次数:18  发布时间:2025-04-30

Deng Xiaoping's most important mission during his visit to the United States was political. At the Governor's Mansion in Georgia, he had dinner with 16 governors who came to visit him. Deng Xiaoping took the trouble to introduce China's open political and economic policies, hoping that the normal diplomatic relations between China and the United States would be recognized by the American people. When he went to Japan, he had more of a learning purpose.
 
Here, we may briefly review the world in 1979. It is no exaggeration to say that it was an uneasy year. In April, Pakistani President Bhutto was executed; Ugandan dictator Amin was overthrown and exiled. In May, a major plane crash occurred in the United States, killing 244 people. In August, Khomeini ruled Iran. In retaliation for the United States' support for the old Iranian king, Khomeini announced an oil embargo, and the oil price rose from $15 per barrel to $35, thus causing the second oil crisis. ① In September, Philippine President Marcos was arrested for corruption and spreading rumors. In October, South Korean President Park Chung-hee was shot. In November, a coup d'état took place in Bolivia. In December, the Soviet Union sent troops to Afghanistan, and the United Nations announced economic sanctions against Iran. These events filled the last year of the 1970s with nervous tension.
 
Compared with these turbulent political events, in the business field, the world's topic is only one, that is, the rise of Japan. This defeated country in World War II has achieved an incredible economic miracle with its stubborn national character and realistic corporate growth strategy.

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