Political Environments

1949 - Started numerous shifts in foreign policy
1950s - Sino-Soviet relationship began to deteriorate
1960s - Trade opened up with several western nations, increased participation in international organizations
1973 - Introduction of Four Modernizations, of agriculture, industry, national defense, and science and technology
1979 - Full diplomatic recognition with the US
1980 - State firms leasing to private sector
1990s - Increase use of macro economics and fiscal policies
2000 - Proactive government support at developing growth in private sectors
2001 - More private take over of state enterprises