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Rhetoric is buried as Jiang remembers paramount leader

Article Abstract:

Chinese President Jiang Zimen, speaking at the funeral of Deng Ziaoping, promised to proceed with the economic reforms left by the late leader who propelled China to prosperity and modern living. However, his job to continue the reforms is bound to encounter numerous obstacles, such as citizen unrest. Furthermore, some businessmen and academicians maintain that China cannot proceed with the remaining restructuring process unless business and government, as well as government and party, are taken apart.

Author: Chen, Kathy, Johnson, Ian
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1997
Economic policy, Jiang Zimen

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Li offers many details but few remedies in annual address to China's legislature

Article Abstract:

Chinese Premier Li Peng estimated that China's economic output will grow by as much as 50% by the year 2000, granting that it achieves its goals without stimulating inflation. Li made the forecast during his recent address before the Chinese legislature. Li also stressed the government's commitment to prevent Taiwan from declaring itself independent. In addition, he criticized several Western countries for allegedly blocking China's entry into the World Trade Organization.

Author: Chen, Kathy
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
Speeches, lectures and essays, Li Peng

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Eased austerity will buoy China slightly, selectively

Article Abstract:

China reduced deposit rates by an average of 1.5 percentage points and lending rates by 1.2 percentage points in mid-Aug. 1996. The government has also eased its 3 1/2-year austerity program. Analysts predict that these developments will spur faster economic growth, although not in the magnitude of the double-digit growth that ended in 1993. The economy is expected to grow more slowly and steadily, with infrastructure and the stock market benefiting significantly.

Author: Chen, Kathy
Publisher: Dow Jones & Company, Inc.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
Analysis, Economic development

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Subjects list: China, Economic aspects
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