ABSTRACT

This chapter describes projection of Sino-American relations throughout the cold war and the post-cold war era by dissecting the facilitation of market force. China’s development was fundamentally molded by the market force. US foreign policy initiatives had the market force as an important variable. US foreign policy toward China, engendered under those international circumstances, created a momentum for change. The encroachment of Japan by US foreign policy after Second World War nurtured an international environment conducive to the market economy. The Communist Party added the market ingredient to China’s Constitution, which became an inherent part of future Chinese policy-making. The Tiananmen Incident in 1989 was a political outcry both to China to the international community. The tutelage of US foreign policy and the establishment of market liberalization in China might be the first step towards China’s recruitment into the world society.