Word: deng
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...China's Paramount Leader Deng Xiaoping and East European leaders like Honecker have their own agendas to promote. The East bloc nations face serious balance-of-trade problems that lucrative new commercial agreements with the Chinese could help to correct. The Chinese, for their part, produce an enormous quantity of consumer items, particularly textiles and simple manufactured goods like thermos bottles that they would like to barter for East European machine tools and other basic products needed to equip their burgeoning rural industries. China's primitive manufacturing concerns can neither afford nor fully exploit the benefits of advanced Western technology...
...Hong Kong to the People's Republic in 1997, the royal progress began last week. In Peking she reviewed an honor guard of the People's Liberation Army and enthusiastically joined the tourist crowds in the Forbidden City. Her hosts were so delighted with her that chain-smoking Leader Deng Xiaoping, 82, refrained from puffing during their two-hour lunch, and people along the route, which included Shanghai, Kunming and Canton, gave her the largest reception yet of any foreign trip during her 34-year reign. Trouble was someone forgot to keep her husband Prince Philip, 65, amused. Known...
...that Gorbachev has learned something from Deng Xiaoping, who had a similar problem when he assumed leadership in China. China's military expenditures were over 13 percent in 1973. Deng has managed to reduce them so that today they stand at about 6 to 8 percent of the GNP. He just demobilized one million troops, 20 percent of the Chinese army. Such actions have made it possible for him to divert resources that used to go to military expenditures and heavy industry and send them instead to light industry and consumer goods. In appreciation, the workers and peasants...
David Aikman, a former Beijing Bureau Chief for Time Magazine, said that China's leader Deng Xiaoping's most significant accomplishment has been the creation in China of "a vogue for meritocracy...
...Deng regime is based on incentives and social advances, but is unaffected by dogma," he said...