1949 PEOPLE'S REPUBLIC OF CHINA ANNOUNCED
On 1 October, in front of a crowd of 200,000 people, Mao Zedong of the Chinese Communist Party takes to the podium in Tiananmen Square and pronounces the founding of the People’s Republic of China. Chiang Kai-Shek and the other Nationalist leaders flee to Taiwan.
1958 GREAT LEAP FORWARD
Mao launches the second Five-Year Plan, an ambitious strategy to boost the Chinese economy and increase agricultural output. However,
