China Quote by Deng Xiaoping
“No matter to what degree China opens up to the outside world and admits foreign capital, its relative magnitude will be small and it can't affect our system of socialist public ownership of the means of production.”
About This Quote
Source Speech: Economic reforms, 1978
Opening to foreign capital will remain limited under socialist ownership.
In simple terms: Foreign investment stays constrained.
Recognize systemic limits.
Themes
Mood
Type
When to use this quote
- foreign joint ventures
- trade negotiations
- industrial policy
- economic planning
Key Concepts
Questions to Reflect On
- How can openness coexist with socialist principles?
- What balance is needed between control and integration?
Rigid policies may hinder growth.