Arrange the following events in the chronological order.

1. Establishment of People's Republic of China.
2. Economic Reforms introduced in China.
3. Great Leap Forward.
4. Great Proletarian Culture Revolution.
5. Economic Reforms were initiated in Pakistan. 

Choose the correct answer from the options given below:

A, C, D, B, E

Following are the respective dates:

1. Establishment of People's Republic of China - 1949
2. Great Leap Forward - 1958
3. Great Proletarian Culture Revolution - 1966-76
4. Economic Reforms introduced in China - 1978
5. Economic Reforms introduced in Pakistan - 1988