IBOV 177,547.57 ▲ 2.44% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL5.08▲ 0.46% USD/MXN17.51▲ 0.67% USD/CLP945.21▲ 1.03% USD/COP3,228▲ 0.03% USD/PEN3.40▼ 0.08% USD/ARS1,487▲ 0.30% USD/UYU40.14▲ 1.16% USD/PYG6,035▲ 1.38% USD/BOB11.03▲ 3.57% USD/DOP57.95▼ 0.09% USD/CRC451.03▲ 2.18% USD/GTQ7.62▲ 2.29% USD/HNL26.74▲ 0.88% USD/NIO36.62▲ 0.31% USD/VES736.04▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.72▲ 0.95% EUR/BRL5.78▼ 0.31% BRENT 86.55 ▼ 7.99% WTI 91.50 ▲ 5.38% IRON ORE 161.91 — — COPPER 6.39 ▼ 0.88% GOLD 4,060 ▼ 2.10% SILVER 58.19 ▼ 3.06% SOY 1,246 ▲ 1.05% CORN 487.50 ▲ 5.52% WHEAT 702.00 ▼ 0.53% COFFEE 315.25 ▼ 0.44% SUGAR 14.74 — 0.00% ORANGE JUICE 146.85 ▼ 2.30% COTTON 81.49 ▲ 2.03% COCOA 5,244 ▼ 1.58% BEEF 219.70 ▼ 1.57% CATTLE 336.98 ▼ 1.23% LITHIUM 69.46 ▲ 0.67% PETR4 43.36 ▲ 1.83% VALE3 76.38 ▲ 1.70% ITUB4 42.56 ▼ 0.79% BBDC4 18.89 ▼ 0.42% ABEV3 16.04 ▼ 0.56% BBAS3 20.98 ▼ 0.52% B3SA3 15.68 ▼ 1.38% WEGE3 46.24 ▼ 1.07% PRIO3 61.10 ▲ 2.23% SUZB3 42.55 ▼ 0.26% RENT3 36.46 ▼ 1.83% AZZA3 17.47 ▼ 1.91% CSAN3 3.89 ▼ 0.77% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.87 ▼ 1.02% PSSA3 55.12 ▼ 0.60% CVCB3 1.26 ▼ 0.79% POSI3 3.68 ▼ 0.54% SLCE3 14.00 ▲ 0.29% NATU3 8.63 ▼ 0.58% BRKM5 6.19 ▲ 1.98% RANI3 7.97 ▼ 0.38% CSNA3 5.41 ▲ 0.56% CMIN3 5.67 ▼ 2.91% USIM5 8.58 ▼ 0.81% GGBR4 24.26 ▲ 0.83% ENEV3 25.65 ▼ 1.23% CPFE3 46.45 ▼ 0.56% CMIG4 11.16 ▼ 0.45% EQTL3 38.87 ▼ 1.22% LREN3 13.40 ▼ 1.03% VIVT3 35.06 ▼ 0.90% RAIL3 13.75 ▲ 0.81% KLABIN 17.85 ▼ 0.45% RAIA DROGASIL 18.42 ▲ 0.71% RDOR3 33.57 ▼ 2.67% HAPV3 10.95 ▼ 3.86% FLRY3 16.52 ▼ 0.78% SMTO3 15.93 ▼ 0.75% UGPA3 33.24 ▲ 1.25% VBBR3 35.50 ▲ 1.49% BBSE3 42.36 ▼ 0.52% BPAC11 55.96 ▼ 1.86% CURY3 29.51 ▼ 2.28% AERI3 2.05 — 0.00% VIVARA 21.53 ▼ 0.09% COMPASS 24.70 ▼ 0.44% VAMOS 3.19 ▼ 1.24% SANB11 26.93 ▼ 0.07% ASAI3 8.24 ▼ 1.90% SBSP3 28.66 ▼ 2.15% WALMEX 48.23 ▼ 0.86% GMEXICO 212.55 ▼ 1.14% FEMSA 225.98 ▼ 0.77% CEMEX 22.75 ▲ 2.62% GFNORTE 190.48 ▼ 0.59% BIMBO 59.28 ▼ 1.69% TELEVISA 9.72 ▼ 1.02% AMX 22.76 ▲ 0.31% GAP 378.56 ▲ 0.49% ASUR 272.96 ▼ 0.21% OMA 226.52 ▼ 0.95% KOF 182.00 ▼ 0.36% GRUMA 278.51 ▼ 0.69% KIMBER 38.15 ▼ 1.73% SQM-B 65,816 ▲ 1.17% COPEC 6,500 ▼ 0.76% BSANTANDER 79.85 — 0.00% FALABELLA 6,001 ▼ 0.68% ENELAM 84.53 — 0.00% CENCOSUD 2,010 — 0.00% CMPC 1,070 — 0.00% BANCO CHILE 192.01 ▼ 0.77% LATAM AIR 23.51 ▼ 2.41% YPF 82,500 — 0.00% GGAL 8,275 — 0.00% PAMPA 5,625 — 0.00% TXAR 668.00 — 0.00% ALUAR 974.00 — 0.00% TGS 9,905 — 0.00% CEPU 2,411 — 0.00% MIRGOR 16,925 ▲ 0.89% COME 43.14 — 0.00% LOMA NEGRA 3,810 — 0.00% BYMA 295.50 — 0.00% TELECOM ARG 4,420 — 0.00% ECOPETROL 16.83 ▲ 0.84% BANCOLOMBIA 84.53 ▼ 0.15% GRUPO AVAL 5.03 ▼ 0.20% CREDICORP 389.59 ▼ 1.04% SOUTHERN COPPER 189.78 ▼ 2.92% BUENAVENTURA 31.54 ▼ 1.71% MERCADOLIBRE 1,778 ▼ 1.17% NUBANK 14.26 ▼ 1.76% XP 17.00 ▼ 1.71% PAGSEGURO 9.44 ▼ 2.38% STONE 11.05 ▼ 2.73% GLOBANT 29.43 ▼ 4.04% TECNOGLASS 45.06 ▼ 0.35% GAP AIRPORT 217.70 ▲ 0.01% ASUR 272.96 ▼ 0.21% OMA AIRPORT 103.83 ▼ 1.44% AMX ADR 25.95 ▼ 0.65% FEMSA ADR 129.76 ▼ 0.89% CEMEX ADR 12.98 ▲ 2.00% PETROBRAS ADR 19.23 ▲ 1.77% VALE ADR 15.01 ▲ 1.08% ITAU ADR 8.37 ▼ 1.30% SANTANDER BR 5.39 ▼ 1.10% AMBEV ADR 3.12 ▼ 0.80% CSN 1.08 ▼ 0.92% GERDAU 4.79 ▲ 0.31% LATAM ADR 49.98 ▼ 2.51% BTC 65,042 ▼ 1.60% ETH 1,906 ▼ 1.43% SOL 76.91 ▼ 1.28% XRP 1.12 ▼ 2.32% BNB 567.80 ▼ 0.52% ADA 0.17 ▼ 1.10% DOGE 0.07 ▼ 3.18% AVAX 6.48 ▼ 2.07% LINK 8.53 ▼ 1.07% DOT 0.82 ▼ 2.06% LTC 46.77 ▼ 0.64% BCH 214.71 ▼ 2.39% TRX 0.33 ▼ 0.76% XLM 0.18 ▼ 2.57% HBAR 0.07 ▼ 0.91% NEAR 1.89 ▲ 1.13% ATOM 1.45 ▼ 1.54% AAVE 96.44 ▼ 0.94% SELIC 14.25% EMBRAER 82.64 ▼ 1.37% EMBRAER ADR 65.07 ▼ 1.49% JBS 12.12 ▼ 1.10% JBS BDR 61.54 ▼ 0.42% MBRF3 16.04 ▲ 0.06% MBRFY 3.08 ▼ 3.45% INTER 5.49 ▼ 3.51% EGX 53,932 ▼ 0.11% USD/ZAR16.74▲ 2.10% USD/NGN 1,370 — 0.00% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY163.89▲ 0.46% USD/CNY 6.7641 — 0.00% DAX 24,807 ▼ 1.39% CAC 8,292 ▼ 1.72% FTSE 10,617 ▼ 0.93% MIB 51,398 ▼ 2.64% IBEX 19,281 ▼ 1.48% STOXX 637.88 ▼ 1.40% EUR/USD1.14▼ 0.26% GBP/USD1.33▼ 0.30% SPX 7,414 ▼ 1.13% DJI 51,704 ▼ 0.99% NDX 28,998 ▼ 0.54% RUT 2,960 ▼ 0.92% TSX 35,365 ▼ 0.34% VIX 19.28 ▲ 15.87% USD/CAD1.41▼ 0.10% US10Y 4.7100 ▲ 1.14% IBOV 177,547.57 ▲ 2.44% IPSA 11,009.22 ▲ 0.50% IPC MEX 67,298.78 ▲ 0.88% MERVAL 3,379,771 — 0.00% COLCAP 2,297.00 ▼ 0.19% BVL PERÚ 57,575.02 — — USD/BRL 5.08 ▲ 0.46% USD/MXN 17.51 ▲ 0.67% USD/CLP 945.21 ▲ 1.03% USD/COP 3,228 ▲ 0.00% USD/PEN 3.40 ▼ 0.08% USD/ARS 1,487 ▲ 0.30% USD/UYU 40.14 ▲ 1.16% USD/PYG 6,035 ▲ 1.38% USD/BOB 11.03 ▲ 3.57% USD/DOP 57.95 ▼ 0.09% USD/CRC 451.03 ▲ 2.18% USD/GTQ 7.62 ▲ 2.29% USD/HNL 26.74 ▲ 0.88% USD/NIO 36.62 ▲ 0.31% USD/VES 736.04 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.36% USD/TTD 6.72 ▲ 0.95% EUR/BRL 5.78 ▼ 0.31% BRENT 86.55 ▼ 7.99% WTI 91.50 ▲ 5.38% IRON ORE 161.91 — — COPPER 6.39 ▼ 0.88% GOLD 4,060 ▼ 2.10% SILVER 58.19 ▼ 3.06% SOY 1,246 ▲ 1.05% CORN 487.50 ▲ 5.52% WHEAT 702.00 ▼ 0.53% COFFEE 315.25 ▼ 0.44% SUGAR 14.74 — 0.00% ORANGE JUICE 146.85 ▼ 2.30% COTTON 81.49 ▲ 2.03% COCOA 5,244 ▼ 1.58% BEEF 219.70 ▼ 1.57% CATTLE 336.98 ▼ 1.23% LITHIUM 69.46 ▲ 0.67% PETR4 43.36 ▲ 1.83% VALE3 76.38 ▲ 1.70% ITUB4 42.56 ▼ 0.79% BBDC4 18.89 ▼ 0.42% ABEV3 16.04 ▼ 0.56% BBAS3 20.98 ▼ 0.52% B3SA3 15.68 ▼ 1.38% WEGE3 46.24 ▼ 1.07% PRIO3 61.10 ▲ 2.23% SUZB3 42.55 ▼ 0.26% RENT3 36.46 ▼ 1.83% AZZA3 17.47 ▼ 1.91% CSAN3 3.89 ▼ 0.77% RAIZ4 0.27 — 0.00% PCAR3 2.75 — 0.00% GMAT3 3.87 ▼ 1.02% PSSA3 55.12 ▼ 0.60% CVCB3 1.26 ▼ 0.79% POSI3 3.68 ▼ 0.54% SLCE3 14.00 ▲ 0.29% NATU3 8.63 ▼ 0.58% BRKM5 6.19 ▲ 1.98% RANI3 7.97 ▼ 0.38% CSNA3 5.41 ▲ 0.56% CMIN3 5.67 ▼ 2.91% USIM5 8.58 ▼ 0.81% GGBR4 24.26 ▲ 0.83% ENEV3 25.65 ▼ 1.23% CPFE3 46.45 ▼ 0.56% CMIG4 11.16 ▼ 0.45% EQTL3 38.87 ▼ 1.22% LREN3 13.40 ▼ 1.03% VIVT3 35.06 ▼ 0.90% RAIL3 13.75 ▲ 0.81% KLABIN 17.85 ▼ 0.45% RAIA DROGASIL 18.42 ▲ 0.71% RDOR3 33.57 ▼ 2.67% HAPV3 10.95 ▼ 3.86% FLRY3 16.52 ▼ 0.78% SMTO3 15.93 ▼ 0.75% UGPA3 33.24 ▲ 1.25% VBBR3 35.50 ▲ 1.49% BBSE3 42.36 ▼ 0.52% BPAC11 55.96 ▼ 1.86% CURY3 29.51 ▼ 2.28% AERI3 2.05 — 0.00% VIVARA 21.53 ▼ 0.09% COMPASS 24.70 ▼ 0.44% VAMOS 3.19 ▼ 1.24% SANB11 26.93 ▼ 0.07% ASAI3 8.24 ▼ 1.90% SBSP3 28.66 ▼ 2.15% WALMEX 48.23 ▼ 0.86% GMEXICO 212.55 ▼ 1.14% FEMSA 225.98 ▼ 0.77% CEMEX 22.75 ▲ 2.62% GFNORTE 190.48 ▼ 0.59% BIMBO 59.28 ▼ 1.69% TELEVISA 9.72 ▼ 1.02% AMX 22.76 ▲ 0.31% GAP 378.56 ▲ 0.49% ASUR 272.96 ▼ 0.21% OMA 226.52 ▼ 0.95% KOF 182.00 ▼ 0.36% GRUMA 278.51 ▼ 0.69% KIMBER 38.15 ▼ 1.73% SQM-B 65,816 ▲ 1.17% COPEC 6,500 ▼ 0.76% BSANTANDER 79.85 — 0.00% FALABELLA 6,001 ▼ 0.68% ENELAM 84.53 — 0.00% CENCOSUD 2,010 — 0.00% CMPC 1,070 — 0.00% BANCO CHILE 192.01 ▼ 0.77% LATAM AIR 23.51 ▼ 2.41% YPF 82,500 — 0.00% GGAL 8,275 — 0.00% PAMPA 5,625 — 0.00% TXAR 668.00 — 0.00% ALUAR 974.00 — 0.00% TGS 9,905 — 0.00% CEPU 2,411 — 0.00% MIRGOR 16,925 ▲ 0.89% COME 43.14 — 0.00% LOMA NEGRA 3,810 — 0.00% BYMA 295.50 — 0.00% TELECOM ARG 4,420 — 0.00% ECOPETROL 16.83 ▲ 0.84% BANCOLOMBIA 84.53 ▼ 0.15% GRUPO AVAL 5.03 ▼ 0.20% CREDICORP 389.59 ▼ 1.04% SOUTHERN COPPER 189.78 ▼ 2.92% BUENAVENTURA 31.54 ▼ 1.71% MERCADOLIBRE 1,778 ▼ 1.17% NUBANK 14.26 ▼ 1.76% XP 17.00 ▼ 1.71% PAGSEGURO 9.44 ▼ 2.38% STONE 11.05 ▼ 2.73% GLOBANT 29.43 ▼ 4.04% TECNOGLASS 45.06 ▼ 0.35% GAP AIRPORT 217.70 ▲ 0.01% ASUR 272.96 ▼ 0.21% OMA AIRPORT 103.83 ▼ 1.44% AMX ADR 25.95 ▼ 0.65% FEMSA ADR 129.76 ▼ 0.89% CEMEX ADR 12.98 ▲ 2.00% PETROBRAS ADR 19.23 ▲ 1.77% VALE ADR 15.01 ▲ 1.08% ITAU ADR 8.37 ▼ 1.30% SANTANDER BR 5.39 ▼ 1.10% AMBEV ADR 3.12 ▼ 0.80% CSN 1.08 ▼ 0.92% GERDAU 4.79 ▲ 0.31% LATAM ADR 49.98 ▼ 2.51% BTC 65,042 ▼ 1.60% ETH 1,906 ▼ 1.43% SOL 76.91 ▼ 1.28% XRP 1.12 ▼ 2.32% BNB 567.80 ▼ 0.52% ADA 0.17 ▼ 1.10% DOGE 0.07 ▼ 3.18% AVAX 6.48 ▼ 2.07% LINK 8.53 ▼ 1.07% DOT 0.82 ▼ 2.06% LTC 46.77 ▼ 0.64% BCH 214.71 ▼ 2.39% TRX 0.33 ▼ 0.76% XLM 0.18 ▼ 2.57% HBAR 0.07 ▼ 0.91% NEAR 1.89 ▲ 1.13% ATOM 1.45 ▼ 1.54% AAVE 96.44 ▼ 0.94% SELIC 14.25% EMBRAER 82.64 ▼ 1.37% EMBRAER ADR 65.07 ▼ 1.49% JBS 12.12 ▼ 1.10% JBS BDR 61.54 ▼ 0.42% MBRF3 16.04 ▲ 0.06% MBRFY 3.08 ▼ 3.45% INTER 5.49 ▼ 3.51% EGX 53,932 ▼ 0.11% USD/ZAR 16.68 ▲ 1.65% USD/NGN 1,370 — 0.00% NIKKEI 66,423 ▲ 0.46% CSI300 4,728 ▲ 0.23% HSI 25,211 ▲ 1.28% NIFTY 23,870 ▼ 0.53% KOSPI 7,097 ▲ 4.40% JCI 6,315 ▼ 0.30% USD/JPY 163.77 ▲ 0.42% USD/CNY 6.7641 — 0.00% DAX 24,807 ▼ 1.39% CAC 8,292 ▼ 1.72% FTSE 10,617 ▼ 0.93% MIB 51,398 ▼ 2.64% IBEX 19,281 ▼ 1.48% STOXX 637.88 ▼ 1.40% EUR/USD 1.1382 ▼ 0.24% GBP/USD 1.3336 ▼ 0.30% SPX 7,414 ▼ 1.13% DJI 51,704 ▼ 0.99% NDX 28,998 ▼ 0.54% RUT 2,960 ▼ 0.92% TSX 35,365 ▼ 0.34% VIX 19.28 ▲ 15.87% USD/CAD 1.4079 ▼ 0.02% US10Y 4.7100 ▲ 1.14%
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Thursday, July 23, 2026

Analysis China

The Strategic Mastermind Behind China’s Economic Surge

By · August 22, 2024 · 3 min read

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(Analysis) As China commemorates the 120th birth anniversary of Deng Xiaoping, the nation revisits the profound dualities in the legacy of this influential leader.

Celebrating this milestone—120 years since Deng’s birth on August 22—aligns with the Chinese cultural cycle of jiazi, marking a full cycle of cosmic harmony.

It serves as a poignant reminder of Deng’s lasting impact on China’s trajectory. Deng Xiaoping’s era is remembered for pioneering economic reforms that propelled China into decades of unprecedented growth.

His policies set the stage for China’s emergence as a global economic powerhouse. They challenged the conventional paths and ideologies of his predecessors.

Deng’s vision was clear: he advocated for a uniquely Chinese path of reform distinct from Western models. He emphasized the Communist Party’s central role in guiding China’s destiny.

The Strategic Mastermind Behind China’s Economic Surge
The Strategic Mastermind Behind China’s Economic Surge. (Photo Internet reproduction)
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This pivotal period in Chinese history is highlighted by Deng‘s famous analogy of “crossing the river by feeling the stones,” symbolizing his cautious yet determined approach to reform.

Deng’s philosophy was grounded in practicality, a stark contrast to the idealism that often dominated political discourse.

His pragmatic governance focused on revitalizing the economy and stabilizing the nation’s post-Cultural Revolution, which had left China in turmoil.

In addition, Deng’s leadership style was characterized by promoting collective leadership and consensus, which helped navigate the factional divides within the Communist Party.

He established protocols that fostered cooperation among different party factions. These measures were crucial for maintaining stability and continuity in governance.

Deng Xiaoping’s Legacy and Xi Jinping’s Vision

In contrast, Xi Jinping, Deng’s modern-day successor, draws from Deng’s playbook but has taken a different approach to governance. He has centralized power and intensified the fight against corruption.

Additionally, Xi regards himself as a true heir to Deng, continuing the mission of national rejuvenation. He emphasizes adherence to the Party’s core principles.

However, Xi’s consolidation of power marks a significant shift from the collective leadership style that Deng championed.

Deng and Xi, while differing in their methods, share the ultimate goal of enhancing China’s status on the world stage.

However, the dedication to national rejuvenation remains a central theme in their administrations. This reflects a continuity of ambition despite their distinct strategies.

Deng Xiaoping’s legacy extends beyond economic policies. It also encompasses a deep-seated belief in the Party’s pivotal role in China’s rise.

As China stands at a new crossroads, the principles and strategies initiated by Deng continue to influence the pathways the nation pursues.

His impact resonates not just in economic metrics but in the broader narrative of China’s modern identity and its aspirations on the global stage.

As the world observes the evolution of China under Xi’s leadership, the foundational reforms set forth by Deng Xiaoping remain significant.

His visions continue to be a key point of reference. These elements underscore the complexities and dynamic nature of China’s political and economic landscapes.

This reflection on Deng’s centenary not only honors his contributions but also invites contemplation on the future direction of China. His legacy remains as relevant today as it was decades ago.

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