Jiang consolidates power, giving 2 allies key posts

Article Abstract:

Chinese President Jiang Zemin approved the promotions of Defense Minister Chi Haotian and Chief of the Gen. Staff Zhang Wannian to vice chairmen of the Central Military Commission during the annual meeting of the Communist Party to show his authority over China's military sector. He also approved the Central Committee's proposed national development plan to indicate his intentions of reforming the Chinese economy. Analysts believe that Jiang's actions, which included the expulsion of Chen Xitong from the Party's Politburo on charges of corruption, will earn him the admiration and respect of the Chinese.

Political aspects, Communist Party (China)

---

Jiang to pursue art of the deal at leadership assembly

Article Abstract:

Chinese president Jiang Zemin is expected to consolidate a leadership coalition at the Chinese government's 1997 annual summer retreat to be held at Beidaihe in China. Jiang Zemin may seek the formation of a leadership coalition that will support his radical economic reforms that may be the subject of criticisms by other Chinese leaders. The Chinese leader is also faced with other problems relative to the planned expansion of his current party and the imposition of his economic reforms.

Public Finance Activities, Financial Administration-Natl Govt, Public finance

---

Cracking open the door: Jiang moves China closer to privatization

Article Abstract:

Chinese President Jiang Zemin plans to open state-run enterprises, beset by problems due to poor management and outdated equipment, to domestic institutional investors and foreigners. The privatization of state sectors such as energy, services and infrastructures is recognized as a requirement to ensure the success of economic reforms in other sectors. The inefficiency of government enterprises has hindered the growth of the banking sector which funds them.

Other General Government Support, National Government Enterprises, Management, Economic aspects, Privatization, Privatization (Business), Government business enterprises, Public enterprises

Similar abstracts:

• Abstracts: Creating corporate wealth in the north west. Building competitive advantage to create corporate wealth. On the road to maximum value
• Abstracts: Sumitomo's president is blazing new path in banking. Banks will retain lead in Asian finance. Foreign banks are gaining ground
• Abstracts: Manila sees its creative financing programs as key to rapid infrastructure development. APEC trade agreement shrouded in ambiguities
• Abstracts: Small mercies. Talking tough; donors tell Pakistan to clean up its fiscal act. Talking straight: Pakistan's central banker pulls no punches
• Abstracts: Lines between H shares and redchips blur. China curbs fail to hit sentiment hard

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.