China Seminar Boulder, Colorado 2010 David Lampton John Hopkins University Version 2 1976-Death of Mao Zedong Mao’s Mausoleum in Beijing, China. Gang of Four Gang of Four were arrested in 1976 The so-called Gang of Four is led by Chairman Mao's widow Jian Qing, and includes Wang Hongwen, Yao Wenyuan, and Zhang Chunqiao. Mao Zedong Policies failed! China was economically and politically weak and crippled after the rule of Mao Zedong. Mao Zedong died in 1976 and the Chinese communist party chose a new leader-Deng Xiaoping To Get Rich is Deng stresses Economic Reforms Individuals should be allowed to open their own business. Private enterprises reappeared. Chinese could own their own land or open a business for profit Schools would reopen. Opens to the west! Glorious! How did Deng reform China’s Economic System? Deng Xiaoping Capitalism in China? Deng established Special Economic Zones. Special Economic Zones? Areas of rapid economic growth by using tax & business incentives to attract foreign investment & technology. Special tax breaks for investments- including foreign investments- McDonalds, General Motors and many others companies in China today. Free markets- people can open business not just the government. 1980- -1984- focus on Fujian & Guangdong Provinces. Shenzhen one of the first Special Economic Zones Click on title to go to video clip Deng open’s relations with the west! American & Foreign business in China.