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Facing a crowd of labor negotiators last week, Chung Ju Yung shouted the traditional Korean cheer for long life. Mansei! was an appropriate chant for the farm boy turned industrialist. He had just agreed to a settlement that would spark his $14 billion-a-year Hyundai Group back to life...

Author: /time Magazine | Title: South Korea Sputtering Back to Life | 8/31/1987 | See Source »

...Rockin', Edmunds does occasionally rev up his normally idling throttle with ferocious treatments of Parker's "Crawling From the Wreckage," Lowe's "I Knew the Bride (When She Used to Rock and Roll)," and his own chestnut, "Ju Ju Man," all of which outstrip the originals. And even those fans accustomed to Edmunds' proclivity for non-originals will be pleasantly surprised by the inclusion of Juice Newton's "Queen of Hearts" and Dion and the Belmonts' "The Wanderer." With these songs and others, I Hear You Rockin' shows that you can judge a rocker by his covers...

Author: By Gary L. Susman, | Title: VINYL | 2/19/1987 | See Source »

...prince. "We should cut and run from OPEC. Why should we suffer to protect them?" Finally in September, the Saudis quietly decided to throw their production into high gear and reclaim the country's lost market share. The giant petroport at Ras Tanura and the offshore loading terminal at Ju'aymah sprang to life, their 56-in. pipes spewing more than 4 million...

Author: /time Magazine | Title: Cheap Oil! | 4/14/1986 | See Source »

Spending his cash, Ju believed, was a way of helping his country. His neighbors, however, thought otherwise. According to the newspaper Economic Reference, which told Ju's story, "the masses in his village viewed his spending as ostentation. Their erstwhile 'red-eye disease' (envy) toward Ju changed to 'white-eye treatment' (the cold shoulder). Ju found himself ostracized...

Author: /time Magazine | Title: The Second Revolution | 9/23/1985 | See Source »

...tale of Ju, the all too successful entrepreneur, exemplifies in a small * but revealing way some of the tensions and paradoxes created by the daring "Four Modernizations" policy that has been pursued since 1977 by China's leader, Deng Xiaoping. On the one hand, Ju's embarrassment of riches advertises the potential of free enterprise in China, where even the People's Daily, the Communist Party newspaper, has declared that "getting rich and buying consumer goods is not decadent--especially if it makes life more pleasant." On the other hand, the ostracism suffered by Ju highlights the difficulties of introducing...

Author: /time Magazine | Title: The Second Revolution | 9/23/1985 | See Source »

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