Word: graining
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...Yunnan province, Liang Weifeng got a state bank loan of $965 to buy a two-wheel tractor; he earned enough hauling firewood, bricks and grain for his neighbors to pay off the loan in eight months. Liang now clears about $1,660 a year from his business, which his wife Su Yongchang supplements with about $230 earned by raising rice and vegetables on a plot of a bit less than an acre. Su claims to know little about Deng or politics: "I only know that the policies now are good, so that we can get rich...
...often voiced by Deng and his supporters. In the name of economic growth, they are quite deliberately fostering a growing inequality of incomes. Says Deng: "Some people will become prosperous first, and then others will become prosperous later." But since honoring and emulating the rich goes against the Marxist grain, Deng and his allies have developed an elaborate justification: there is nothing wrong with wealth so long as it is earned by one's own labor rather than by the exploitation of the labor of others, which Marx condemned. Or, in the words of a onetime slogan that Writer Orville...
...eventually try to reduce them to a kind of political vassalage. A much more immediate consideration: China is already becoming a powerful economic competitor for such industrializing Pacific Rim countries as Taiwan, Thailand, Singapore and South Korea. Rising agricultural output has enabled China to become a net exporter of grain. Exports of other goods as diverse as toys and oil are increasing too. Low wages enable China to compete on price with any of the developing countries. And China can offer its trading partners in the industrialized world the lure of access to a potentially gigantic market...
...U.S.S.R.'s economic growth rate has slipped to about half the pace of the 1960s, and its citizens still have to stand in long lines for such minor amenities of life as toilet paper and detergent powder. On the most basic level, Moscow must import huge tonnages of grain from the capitalist world to keep the Soviet populace properly...
...Zhao helped introduce the contract-responsibility system, the bedrock of rural reforms, in 1977. Families and individuals were assigned plots in return for promising to meet harvest quotas. Surplus crops could be sold to the state at higher prices. Eventually, peasants were also allowed to sell the extra grain at market. The experiment worked so well that it was adopted as a national policy in late...