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Even though this sharp turn toward free enterprise, seven months after the death of paramount reformer Deng Xiaoping, had been rumored for weeks, it was still greeted with wonder. "It's breathtaking," said Charles W. Freeman Jr., a former U.S. diplomat. "Nothing on that scale has ever been attempted." Others saw the change as a risky move. "Jiang is doing what Deng did not dare do," says a Chinese political analyst in Beijing. "He's putting the bankrupt state sector on the block even at the risk of social instability...

Author: /time Magazine | Title: CHINA: SOCIALISM DIES, AGAIN | 9/22/1997 | See Source »

...will China's new moderate president cope with this historical revisionism? "Jiang will try to hold the line," says TIME's Asia expert Oscar Chiang. "If he fully reinstates Zhao, it would be a refutation of Deng Xiaoping, and the party hard-liners won't allow that." One compromise would be to rehabilitate Zhao while maintaining that the protests constituted a "counter-revolutionary rebellion" that needed to be crushed. But as Chiang points out, even the slightest nod to Zhao would be a sign of changing times in Beijing...

Author: /time Magazine | Title: New Threat to China Hard-liners | 9/15/1997 | See Source »

...fact, workers like Liang look back with misguided longing to the days of Mao for their salvation. If they had their choice, they'd retreat to 1955 rather than grapple with today's complicated reforms. "We respect Mao, not Deng," says Liang. "Deng forgot about us." The people of Shenyang resent the way the city has been left behind by the capitalist advances in Shanghai and Guangzhou. At Liang's old workplace, his friends sit around all day grousing, drinking tea and reading the papers until the shift whistle blows. "We call it the nonworking day," he says. "The managers...

Author: /time Magazine | Title: INSIDE CHINA | 6/30/1997 | See Source »

...here," she says. Free to get rich, if they can. Free to focus on family matters, village problems, the immediate society, without interference from the government or the party. But Tuonan township is not ready to stretch its new thinking to national politics. Li Dongju credits her achievements to Deng's "wise opening," and she resents it when outsiders say China's ways are all bad. If there is a rising tide of nationalism, it lies less in dreams of hegemony than in anger at the patronizing demands of the West. "We are very proud of China and of being...

Author: /time Magazine | Title: INSIDE CHINA | 6/30/1997 | See Source »

...vanishing into gaping construction holes. It is Hong Kong without the veneer of British order, capitalism out of control. This is the world of money, money, money; a city that never sleeps, with dress shops open at midnight and vendors hawking at dawn. No wonder its presiding genius is Deng Xiaoping, smiling down from a giant mural...

Author: /time Magazine | Title: INSIDE CHINA | 6/30/1997 | See Source »

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