K HOSPODÁŘSKÝM VZTAHŮM MEZI ČESKOSLOVENSKEM A ČÍNSKOU LIDOVOU REPUBLIKOU PO NÁSTUPU TENG SIAO-PCHINGOVA REFORMNÍHO VEDENÍ

In the 1980s, Czechoslovakia essentially succeeded in using the reform process and emerging economic boom in the People’s Republic of China to widen mutual trade relations. On the other hand, the Beijing government did not hinder the more rapid development, especially at a time, when it was forced to confront a growing trade deficit and shortage of foreign currency for buying from the developed democratic states. However, the boom in Czechoslovak – Chinese trade should not be overestimated and its effects may not have been unambiguously positive. Mutual trade was stimulated by some non-economic factors, and from a purely economic point of view, it was at least questionable.