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Right now both the U.S. and China are undergoing a succession crisis. In the U.S. that is known as a presidential campaign. In China, President Jiang Zemin's hold on power is uncertain, and various other leaders are vying for position as they await the death of Deng Xiaoping. For the time being, U.S.-China relations will be hostage to domestic politics in both countries, and no improvement can realistically be expected until both questions of succession are settled. The danger is that by then, the damage could be almost beyond repair...

Author: /time Magazine | Title: GUNS AND POSES | 6/3/1996 | See Source »

...military complex supervised by the State Council, headed by Premier Li Peng. The company that sold the weapons, Poly Technologies, is a trading company directed by officials with links to the armed forces and the leading political families in Beijing. One of its executives, He Ping, is married to Deng Xiaoping's daughter. The two companies denied any involvement with the smuggling and also that any of those arrested had worked for them...

Author: /time Magazine | Title: GUNS AND POSES | 6/3/1996 | See Source »

...Taiwanese could directly elect their leaders, why can't we?'" This fear of democratic contagion comes at a difficult time for the Chinese leadership. While the Taiwanese people elected their President directly, China's political elite is struggling behind the scenes over who will succeed Deng Xiaoping...

Author: /time Magazine | Title: TAIWAN'S SECOND MIRACLE | 4/1/1996 | See Source »

Beijing is also building up its military. In 1979 Deng Xiaoping told the generals and admirals of the People's Liberation Army that they would have to wait 10 years before they could collect their share of the wealth created by modernization. With the military's needs relegated to the lowest rung in his grand reform scheme, the defense budget was effectively frozen, and manpower was pared down from 4 million to 3 million. "Now the bill has come due," says a Washington analyst, "and the post-Deng leadership is paying...

Author: /time Magazine | Title: CHINA: WAKING UP TO THE NEXT SUPERPOWER | 3/25/1996 | See Source »

...this must be viewed in the context of Beijing's current state of fragility, with Deng Xiaoping on his deathbed and his designated successor, Jiang Zemin, not firmly in control. Despite the government's success in raising the standard of living, its problem list is long: money-losing state enterprises, more than 100 million basically unemployed migrant workers, rampant corruption, growing gaps between rich and poor as well as between the booming coastal provinces and the neglected hinterland--all tinder for potential social unrest. Perhaps most important, an ideologically bankrupt Communist Party is relying on repression and nationalism to keep...

Author: /time Magazine | Title: CHINA: WAKING UP TO THE NEXT SUPERPOWER | 3/25/1996 | See Source »

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