Tag: Trade Policy
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Deng Xiaoping
Deng Xiaoping’s transformative leadership reshaped China’s global presence. As part of his Reform and Opening-up diplomacy, he sought foreign investment and partnerships, opening the nation to international trade and driving China’s rapid economic growth. Deng also proposed the ‘One Country, Two Systems’ approach for the governance of Hong Kong. Deng’s shift to economic pragmatism reshaped…
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Neoliberalism
Neoliberalism is a strand of liberalism that concentrates on economic aspects. While both liberalism and neoliberalism emphasise cooperation among state and the role of international institutions, neoliberalism specifically prioritises the benefits of economic globalisation and market-oriented policies. It places a huge emphasis on mechanisms such as deregulation, privatisation, and free markets to promote economic growth…
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Belt and Road Initiative
Launched in 2013, the Belt and Road Initiative is central to Xi Jinping’s foreign policy. Under the Belt and Road Initiative, China provides loans to countries to develop infrastructure. These infrastructure projects combine into a network of five land corridors and a maritime Silk Road. China portrays the Belt and Road initiative as a win-win…