Word: deng
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Chinese officials intentionally built up Shenzhen, which borders Hong Kong's New Territories, to serve as a symbol of how freely things would be run in the colony after 1997 and thus reassure skittish investors there. To that extent, Shenzhen instills confidence. But Shenzhen also provides fresh ammunition for Deng's critics. They charge that Shenzhen is a brain drain on the rest of the country and aptly illustrates the "cultural pollution" they claim is emitted by the new reforms. To keep eager Chinese nonresidents out of the zone, the government has built a barbed-wire fence, complete with...
...central government chose Jiang because it was deeply frustrated with Shanghai's sluggish response to Deng Xiaoping's economic dreams. Almost three years ago, at Deng's urging, the city was given extraordinary freedom to handle foreign trade and investment. No longer was prior approval from Peking necessary to launch export programs. The city could enter into joint ventures with foreign countries, raise international capital and invite bids for construction projects. If all went well, Shanghai, already responsible for one-sixth of China's foreign-exchange earnings and one-eighth of its industrial production, would emerge as a sort...
...factories, on farms and in government offices, ambitious and reform-minded young men and women are steadily moving up. They are frequently better educated than their elders and eager to use their skills to get ahead. Over the next 20 or so years, they will help determine whether Deng Xiaoping's vision of an economically advanced China succeeds or fails...
...they advance in their careers, members of Ma's generation will have to cope with such frustrations and misgivings. Nonetheless, there are growing signs that younger Chinese leaders strongly support Deng's reforms. Says Economist Tang: "The new policy is very necessary because during the Cultural Revolution the economy became very poor. Now we must build it up. That is very important." --By John Greenwald. Reported by Robert T. Grieves and Richard Hornik/Peking
CITIC is an elite concern formed in 1979 on the personal order of Deng Xiaoping. He proposed a kind of Western investment banking firm to get around the ponderous Peking bureaucracy and speed China's economic development. Led by Rong, 70, a silver-haired millionaire, the organization has helped foreign companies invest in everything from beer production to coal mining and has raised hundreds of millions of dollars overseas. "CITIC is a breath of fresh air," says Virginia Kamsky, president of Kamsky Associates, a trade consultant with offices in New York and Peking. "The people there ask the right kinds...