ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
China's manufacturing sector -- virtually nonexistent four decades ago -- has helped transform the country into the world's second-biggest economy. (Original photos by AP, Getty Images)
The Big Story

Chinese state tightens grip 40 years after Deng's reforms

Companies face headwinds amid trade war, cooling growth

KENJI KAWASE, Nikkei Asian Review chief business news correspondent, and NIKKI SUN, Nikkei staff writer | China

HONG KONG/BEIJING/TOKYO -- During his history-making trip to Japan in October 1978, Deng Xiaoping marveled at the state-of-the art Nippon Steel factory on the outskirts of Tokyo. The plant was a gleaming symbol of Japan's postwar rise, and Deng knew that China needed one like it.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more