1 Private or personal economy could be developed only when private property is protected. A mixed market economy must coexist with a planned economy before Mainland compatriots could move from barely surviving to gradually raising their standard of living.
2 This is especially true now that the cold war has ended. It is becoming evident that world economy is becoming more diversified, resulting in the development of many local and regional markets. If Mainland China and Taiwan do not develop their economies jointly, we are bound to fall far behind, and our position along the Pacific coast will be weakened. If so, the Chinese would not only have difficulty following the world’s economic trend, but Chinese people around the world would become more of a liability than an asset.
A Letter to Mr. Deng Xiaoping, January 15, 1991