Saturday, January 03, 2009

This day in history

While riding a stationary bike at the gym I watched a long news piece on Chinese television about the economic opening and reforms 30 years ago. There was an event at the city’s sports stadium marking the event, also. Since Deng Xiaoping led China on the path market capitalism and free trade, the country’s economy has expanded 69-fold, propelling it from one of the most underdeveloped and poorest economies in the world to one that is the third largest, and lifting hundreds of millions of people out of poverty.

This photo series documents the changes of the past three decades.

Also, exactly 30 years ago (1/1/1979), the United States switched diplomatic recognition of China from The Republic of China (Taiwan) to the People’s Republic of China (Mainland China).

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