Following the historical connection of Jews seeking refuge in Shanghai during World War II, China and Israel officially established diplomatic relations in 1992, after which Israel exported a large amount of advanced technology and investment to China.
On the platform of Wuchang Railway Station, Deng Xiaoping hurled a stern warning at Hubei Provincial Party Secretary Guan Guangfu and others: "Development is the absolute principle, and whoever does not reform will step down."
Deng Xiaoping delivered his southern tour speeches, emphasizing that development is of overriding importance, while reiterating the need to consistently uphold the Four Cardinal Principles and oppose bourgeois liberalization.
Bypassing the CCP Central Committee and under the tight protection of the military, Deng Xiaoping quietly boarded a special train to leave Beijing and head south, initiating the southern tour often referred to as a military coup.
Russia implemented a privatization voucher program, issuing vouchers to citizens while the government simultaneously liberalized all prices, leading to hyperinflation. Ordinary citizens were forced to sell their vouchers at a discount, while factory managers and others seized the opportunity to sweep up control of enterprises.