Two years after the death of Mao Zedong in 1976, it became apparent to many of China's leaders that economic reform was necessary. During his tenure as China's premier, Mao had encouraged social movements such as the Great Leap Forward and the Cultural Revolution which had had as their bases ideologies such as serving the people and maintaining the class struggle. By 1978 'Chinese leaders were searching for a solution to serious economic problems produced by Hua …showed first 75 words of 4587 total…

…showed last 75 words of 4587 total…in China As Volume Sets Record.' New York Times: 9 August 1994, D2. Tyler, Patrick E. 'Economic Focus in Shanghai: Catching Up.' New York Times: 22 December 1993, A1, A8. Xu, Zhiming. 'The Impact of China's Reform and Development on the Outside World.' Economic Reform in China: Problems and Prospects. Ed. James A. Dorn and Wang Xi. Chicago: University of Chicago Press, 1990. 247-253. Zuckerman, Laurence. 'A Foreign Offering's Unsure Pedigree.' New York Times: 11 August 1994, D6.