ABSTRACT
This chapter analyses the world's reactions toward the bloodshed, assesses the effects on the loyalty of overseas Chinese to Beijing, evaluates the damages to its economic reforms and cultural development, and examines the ramifications on Beijing's plan to reunify the two sides of the Taiwan Strait. On the morning after the June 4 bloodshed, President George Bush announced several sanctions against the Chinese government. The legislators acted in response to public outrage about executions of prodemocracy demonstrators and disappointment with the Bush administration's timid response. After the June 4 bloodshed, government officials reasserted centralized control over major segments of the Chinese economy. The bloodshed also dealt a blow to Beijing's effort to reunify the two sides of the Taiwan Strait, which Deng had put forward as one of the major goals he hoped to achieve in his lifetime. In the wake of the bloodshed, the Beijing authorities pursued a carrot-and-stick policy.
