Hu Jintao The codes differ from the ideologies of his predecessors, namely, Jiang's Three Represents, Deng Xiaoping Theory, and Mao Zedong Thought in that the focus, for the first time, has been shifted to codifying moral standards as opposed to setting social or economic goals. Most external observers agree that Hu presided over a decade of consistent economic growth, led China through the storm of the global financial crisis relatively unscathed, and increased China's international stature immensely. Hu's tenure is also credited with modernizing China's infrastructure, the launch of China's first manned spaceprobe, and the success of two international events: the 2008
Hu Jintao counterpart Ma Ying-jeou agreed that the 1992 Consensus is the basis for negotiations between the two sides of the Taiwan strait. On 26 March 2008, Hu Jintao held a telephone talk with then US President George W. Bush, in which he became the first Chinese leader to officially recognize the 1992 Consensus. After several months of negotiations, in December 2008, the two sides agreed on the resumption of the Three Links, i.e., a re-opening of mail, trade, and direct air links between the two sides. Relations have been cordial since between the two sides, and trade increased immensely, culminating in