IN his seminal work, How Asia Works? Success And Failures In The World’s Most Dynamic Region, Joe Studwell writes that in the early 1950s China was not only agriculturally inefficient, but also internationally alienated in terms of trade. The Chinese policy of “collectivisation of farming” was all that the Chinese knew in the communist state. The rise in unemployment and poverty along with a surge in population was unstoppable and seemed to be almost impossible to handle. It was then that the visionary Deng Xioaping (1978-89) appeared on the political horizon of the country. He observed the state of the affairs through both the real and ideal prisms. He wanted change. To that end, Deng Xiaoping introduced land reforms and opened trade with foreign states.