Word: greenwald
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...such frustrations and misgivings. Nonetheless, there are growing signs that younger Chinese leaders strongly support Deng's reforms. Says Economist Tang: "The new policy is very necessary because during the Cultural Revolution the economy became very poor. Now we must build it up. That is very important." --By John Greenwald. Reported by Robert T. Grieves and Richard Hornik/Peking
...ensure that. Among his dreams for the future is a Chinese stock market. While today that may seem like a remote possibility, Rong has a record of achieving his goals. Reviewing the pathbreaking work of CITIC, Rong proudly declares, "I did it my way." --By John Greenwald. Reported by Luca Romano/Peking and Frederick Ungeheuer/New York
Merritt and fellow freshmen Jamie Greenwald and Danielle Mirabel each received Ivy League Rookie of the Week honors. And sophomore back Laura Odorczyk and junior Sara Sedgwick joined Moran on the honorable mention All-Ivy list, rounding out what is a very solid core of underclassmen...
...business is safe from foreign competition," says Stuart Johnson, who watches the semiconductor industry for the Manhattan firm of Wertheim & Co. "Logic chips are far more difficult than memories to copy and redesign." But U.S. manufacturers may soon face tougher Japanese competition in that market as well. --By John Greenwald. Reported by Cristina Garcia/San Francisco and Thomas McCarroll/New York SLUMPING SALES...
...will allow for greater flexibility and future expansion. The company will be split into four parts: autos, finance, technology and aerospace. An umbrella organization, headed by Iacocca, will oversee all operations and is expected to be set up as a holding company based in Manhattan. Chrysler Vice Chairman Gerald Greenwald, Iacocca's heir apparent, will become chairman of the automobile wing...