China Economic Timeline

By robbcoulter

  • Opium War

    Opium War
    Opium War leads to the U.S and other countries setting up trade policies in China without their approval.

  • Taiping Rebellion

    Taiping Rebellion
    The economy was modernized due to Western Influence which led to the Chinese government setting up factories and shipyards.

  • Great Leap Forward

    Great Leap Forward
    The Great Leap Forward led to the Government taking control of the economy, farms, and industries to modernize China, making it a command economy.

  • Four Modernizations

    Four Modernizations
    The Four Modernizations made China's economy boom and the industrial output rose.The government also allowed two reforms that were based on free market/capitalist ideas.These gave people the right to own a business and opened China to foreign trade.