The end of late Maoism and the beginning of more capitalistic ventures
Volume 4 details the efforts of Teng Hsiao-p'ing and Ch'en Yun's to isolate Chinese Community Party leader Hua Kuo-feng, force his resignation from the party's top post, and pressure the Politburo to remove all vestiges of his power. With the success of these actions, the revisionist forces surrounding Teng achieved their aims and excluded the forces of late Maoism from further participation in China's political decision-making process.
In addition to describing these political changes, the editors depict China's changing approach to the socialist planned economy, including the decollectivization of agricultural production, prioritization of consumer goods production over raw material and heavy industries, and replacement of Hua Kuo-feng's deficit-spending policies with strict budgetary policy.
As with Volume 3 and the earlier volumes, Volume 4 contains a wealth of documents that illumine the years under consideration.
James T. Myers is professor of government and international studies and director of teh Center for Asian studies at the University of South Carolina. A member of teh National Committee on U.S.-China Relations and a board member of the American Association for Chinese Studies, he is author, editor, or co-editor of eleven books.
Jürgen Domes is professor of politics and director of the Research Unit on Chinese and East Asian Politics at the Saar University in Germany.
Milton D. Yeh is a researcher at the Institute of International Relations in Taipei.