The world's factory: Following political upheaval in the wake of Mao's death in September 1976, Deng Xiaoping, a leader in China's reformist faction, rose to power. Deng and the reformers aimed to reinvent the Chinese economy, instituting market-based prices and certain elements of capitalism, while inviting greater foreign investment. From the late 1970s through the 1990s, China witnessed unprecedented economic growth under Deng's tutelage. Modern China has embraced international trade, becoming "the world's factory," as illustrated above with extensive shipping containers waiting to be shipped from Guangdong province in 2006.
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