China Boom CMS

<p>The significance of 1989 is that economic development's moral barrier disappeared. There are two major benefits. On the one hand, you don't have to think about socialist ideology any more. When you look at the reform in 80s, there was a lot of struggle but, during the 90s, it was very smooth, a lot of things were done. So, there was no frame of ideology. On the other hand, the dark side, we no longer needed to worry about justice. You could do very dirty things. Such as <em>xiagang</em>, (lay-offs), you could break all of your contracts, your promises. You could do whatever you wanted. So, each coin has two sides. On the one side, it accelerated the absorption of all sorts of resources by interest groups which already possessed major social resources and these resources were turned into money. On the other hand, it destroyed the development of social justice that very well could have existed. This is an economic development without social moral or moral barriers. On the positive side, it's like a speeding car on the highway, the car has reached its highest speed. On the negative side, you don't know when it will suddenly halt.</p>