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→People's Republic of China: 1949 - present
==People's Republic of China: 1949 - present==
==People's Republic of China: 1949 - present==
[Image:PRCFounding.jpg|right|thumb|1st Chinese Communist Party chairman [[Mao Zedong]] declaring the establishment of the People's Republic of China in 1949.]]
[[Image:PRCFounding.jpg|right|thumb|1st Chinese Communist Party chairman [[Mao Zedong]] declaring the establishment of the People's Republic of China in 1949.]]
In the face of economic collapse the Communists won the civil war in 1949 under [[Mao Zedong]] (1893-1976). Mao established a dictatorship, driving the KMT to [[Taiwan]]. Taiwan is recognized as an integral part of China in theory, but in practice has been independent since 1949. Mao liquidated millions of opponents, fought the United States in the bloody [[Korean War]] (1950-53), and broke with the Soviet Union over the issue of who best represented the Marxist orthodoxy.
In the face of economic collapse the Communists won the civil war in 1949 under [[Mao Zedong]] (1893-1976). Mao established a dictatorship, driving the KMT to [[Taiwan]]. Taiwan is recognized as an integral part of China in theory, but in practice has been independent since 1949. Mao liquidated millions of opponents, fought the United States in the bloody [[Korean War]] (1950-53), and broke with the Soviet Union over the issue of who best represented the Marxist orthodoxy.
China is firmly committed to economic reform and opening to the outside world. The Chinese leadership has identified reform of state industries and the establishment of a social safety net as government priorities. Government strategies for achieving these goals include large-scale privatization of unprofitable state-owned enterprises and development of a pension system for workers. The leadership has also downsized the government bureaucracy.
China is firmly committed to economic reform and opening to the outside world. The Chinese leadership has identified reform of state industries and the establishment of a social safety net as government priorities. Government strategies for achieving these goals include large-scale privatization of unprofitable state-owned enterprises and development of a pension system for workers. The leadership has also downsized the government bureaucracy.
==References==
==References==
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