Chapter 2 guide

★The integration of China and the United States has already begun when the two countries were still isolated from each other.Sino-American integration didn't have to happen, but it happened. ★During these years, Deng Xiaoping adopted the method of "crossing the river by feeling the stones", being flexible and not clinging to tradition. ★The development of Shenzhen, which soon became a metropolis of millions and a pillar of industrial prosperity in the Pearl River Delta region, shows that there is no inherent conflict between a market economy and a state-planned economy. ★It is one thing to want to breathe new life into state-owned enterprises, but quite another to do so.

★Under the leadership of Jiang Zemin and Zhu Rongji, the Chinese government is not only a supporter of reform, but also a driver of reform. "Black cat and white cat theory" and "crossing the river by feeling the stones" have become classic slogans of China's reform. important factors, but also help us understand how foreign experts judge China's development genes. The integration of China and the United States has already begun when the two countries were still isolated from each other.Sino-American integration didn't have to happen, but it happened. In the late 1970s, for the United States, no country was more unique and remote than China.At that time, China was still a poor agricultural country isolated from the world. In the 1970s, trade accounted for only 5% of China's GDP, a surprisingly low figure for a country as large as China.In fact, compared with before the founding of New China or in the early 1950s, China at that time was more isolated and dissociated from the international system.

In contrast, in the late 1970s, despite deep self-doubt and hidden worries, the United States still dominated the world.The Vietnam War, the stagnation of domestic economic development, the "Watergate Incident", and the shattering of the image of the so-called "guardian of freedom" have all led to the frustration of the United States' self-confidence and self-image crisis.At the same time, in the 1970s, as consumer goods produced in other countries flooded the US and European markets, jobs in US manufacturing began to decline.But even with the military challenge of the Soviet Union at the time, and with the growing economic power of Japan and West Germany, the United States remained the central global power, both militarily and economically.