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Going cheap: Peking dumps the people's business flops

Article Abstract:

The municipality of Peking, China, has put up for sale 56 small- and medium-sized state-owned enterprises that are experiencing considerable financial difficulties. It is one of many local governments in China now trying to dispose of old-fashioned manufacturing operations that are facing a heavy debt burden. Many potential purchasers of the enterprises being made available in Peking are only really interested in the land and the buildings, and will not be expected to take on the existing employees.

Author: Poole, Teresa
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
Privatization, Privatization (Business), Government business enterprises, Public enterprises

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Peking alarmed as illegal school fees force pupils to quit

Article Abstract:

Chinese schools have been charging fees since the 1980s, when economic reform began to have an impact and state funding was no longer adequate. However, fees have begun to reach excessive levels, with schools even charging parents for services such as heating and desk space. This has prompted the government to launch a nationwide inspection of all schools. There is growing concern about the number of children, especially girls, who are dropping out of schools in poor rural areas.

Author: Poole, Teresa
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
Finance, Social policy, Education

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Peking survives its trial by Greenpeace

Article Abstract:

The recent arrival in Chinese territorial waters of a Greenpeace ship protesting against nuclear testing was handled with unusual calm by Chinese officials, who persuaded the ship to return to international waters. China has announced that it will undertake one more nuclear test before joining a global moratorium on testing in Sep 1996. Greenpeace claims that China is still placing considerable barriers in front of a nuclear test ban.

Author: Poole, Teresa
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
Political activity, Testing, International relations, Nuclear weapons, Nuclear testing, Greenpeace Foundation

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