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Seminar paper from the year 2005 in the subject Economics - Case Scenarios, grade: 1,3, University of Northampton (University of Northampton), course: The political economy of China, language: English, abstract: Since the second half of the 20th century the Peoples Republic of China (PRC) has been trough numerous incidents and changes with regard to policy as well as economy. This period was mainly affected by two paramount leaders: Mao Zedong (1949-1976) and Deng Xiaoping (1978-1997). In my essay I want to show the developmental paths and the outcomes concerning the political, social and economic achievements. As it will emerge throughout the assignment, they followed basically different ways to create their new China.