Word: deng
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Dates: during 1980-1989
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Since 1978, when Deng Xiaoping came to power, instituting the rule of law has been a critical element in the drive to modernize China. The government has issued a plethora of statutes covering everything from murder to trademark infringement. The legal profession has finally regained its status. Indeed, the number of Chinese lawyers has soared from a scant 2,000 in 1980 to 25,000 today, and some 70 legal publications are in circulation...
EASY DOES IT, YOUNG MAN. Will Communist Party General Secretary Zhao Ziyang, 68, eventually succeed Deng Xiaoping, 84, as China's leader? A recent spasm of economic unrest did not help his chances. Zhao reluctantly called for a slowdown in the pace of reform. But that decision is likely to slow his ascension. China's veteran military commanders will now wait to see if Zhao, once considered a shoo-in to succeed Deng, can put the economy back on course...
...classic economic dampdown. Beijing temporarily closed some banks to halt withdrawals, limited the size of some retail purchases and raised interest rates to soak up some of the money that the country has been printing at a record rate. Moreover, the Politburo, headed by party General Secretary Zhao Ziyang, Deng's handpicked heir apparent and a firm advocate of reforms, decided to abandon further price decontrols this year. Even Deng appeared chastened by the eruption. Said he: "We have been bold enough...
...approach poses a dilemma for Deng, Zhao and other reformers. Not only does the change of course expose popular fears of the market-oriented direction that the economy is taking but it also underscores the leadership's inability to force the middle levels of the party bureaucracy to administer the reforms. Referring to the pragmatic Zhao's victory over conservatives in winning the party leadership a year ago, a Western economic analyst summed up, "The leaders confused the fact that they no longer had political opposition with the illusion that the country was ready for such fundamental reforms...
...first high-level official meeting between the two countries since 1969. The move signals Beijing's approval of recent Soviet foreign policy moves, notably a reduction in Moscow-supported Vietnamese troops in Kampuchea. It also raised the possibility of a Sino-Soviet summit meeting between Gorbachev and Deng in Beijing next year. If that comes off, Gorbachev can inspect China's meat stores for himself...