Paper instructions:

Solution:

Obstacles to Economic Reforms In China

Introduction

Reforms involve measures that are adopted by individuals, organizations or even states in order to reverse or counter react to a given continuing adverse situation. Therefore, economic reforms encompass measures that are undertaken by officials or governments` in order to rectify a worsening economic development. That is; the reforms that are employed are aimed to raise the economic status of a given state. However, numerous obstacles limit the implementation of these reforms, and it only requires determined and anxious leadership that constantly strives for the realization of the products of these reforms. This paper pays high attention to the identification of the obstacles of economic reforms in china during the 1992-1997 periods, the strategies that were adopted by leaders by then of preventing these reforms from waning and the results and costs that were realized.

During this period, the economic reforms in china faced numerous obstacles that hindered quick realization of economic growth. First, some Chinese officials were spending more time conducting many meetings, long and repetitious speeches, lengthy reports and documents concerning economic reforms but in all this, they acted less on implementing them (Payre, 2010). These behaviors made Deng limit the number of words and time of these reports and authorized these officials to talk less and act more. He had even once made a press statement authorizing those who were against the reforms to leave office immediately. This statement was seriously taken by Jiang Zermin, who the following day informed his fellow officials that china had to quicken the implementation of economic reforms, revive the open-door policy and to minimize the number and duration of their meetings (Vogel, 2011).

Moreover, some parts of china like Hunan used to become relaxed after receiving minimal fruits of the economic reforms such as a good harvest. This tendency made Deng instruct the representative of Hunan, Xiong Qingquan to be constantly bold in conducting reforms and openings in order to speed up economic developments (Payre, 2010). In addition, Beijing officials were also restraining economic investments that were being emphasized by Deng. When Deng, together with his family visited Shenzhen, they realized numerous developments which had already been realized since their last visit, eight years ago, when they established a policy of special economic zone in this area. This development made Deng and his family be warmly cheered by Shenzhen`s local officials to the extent that they saw him as their economic booster (Vogel, 2011).

The foreign countries (westerners) also contributed to hindering economic developments in china. These countries used to charge china high interests for property intellectual rights for their investment that china adopted while china was not charging these foreign countries much when they borrow any Chinese invention such as printing press and gunpowder (Vogel, 2011). This act stimulated china to adapt and abide by the new international rules on intellectual property rights.

Conclusion

It is, therefore, attested that for a given state to reap the products of economic reforms, the leader must be industrious, striving and determined to achieve economic developments. No any amount of obstacles that should hinder him or her in achieving the set goals. Deng strived to achieve economic developments that the established economic reforms were destined to achieve. Tall buildings, good harvests and narrowed economic inequalities were among the results that were realized by economic reforms that were by then established by china.

References

Vogel, E., (2011). Deng Xiaoping and the transformation of china. Cambridge, Massachusetts, and London, England: The Belknap Press of Havard University Press

Payre, G. (2010). Pbs China In The Red. Accessed from http://www.dailymotion.com/video/xen5

  Do you need high quality Custom Essay Writing Services?