Word: deng
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While recognizing how much China still needs to accomplish, Jiang, 72, is beginning to think about his legacy and about the leaders who will follow him. In the two decades since the socialist market economy was introduced, "we have embarked on a new era," he said. "Deng Xiaoping taught us that China needs to open its doors and establish economic links with the capitalist, developed world...
...democracy protesters in Tiananmen Square; in Beijing. A veteran of the Long March, Shangkun was an acolyte of Mao Zedong, and later his victim, imprisoned for 12 years during the Cultural Revolution. Rehabilitated in 1978, he was put in charge of the army by longtime revolutionary compatriot Deng Xiaoping...
...China economic reforms are real, already deeper and broader than Russia's. Deng Xiaoping initiated capitalist changes back in 1979, when he legalized farmers' markets. As a result, China's agricultural sector is far more productive than Russia's. Diverse village and township enterprises have spread what is effectively private enterprise deep into the grass roots of the country, in a way not yet imagined outside Russia's major cities...
...staking his leadership on building a strong relationship with the U.S. He insists the two countries should have good relations in spite of their differences, a neat trick to pull off when the disagreements are so deep. But Jiang has told Secretary of State Madeleine Albright that former leader Deng Xiaoping, just before he died, personally handed him the mandate to improve ties with the U.S. So Jiang wanted Clinton to have a successful summit. If he needed any reinforcement in that, he got it when National Security Adviser Sandy Berger flew to Beijing in early June. Berger explained...
...hold shares for longer, even up to two weeks." Li keeps his eyes on the big electronic screen as he talks. "America? A great country, because the President changes every four years. And rich, because it has been developing for 200 years. China has been developing only since Deng Xiaoping. Before that, Chinese were busy fighting each other...