Word: marketization
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Dates: during 1990-1999
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...Before you could only buy half a jin [pound] of meat every month. Now you can buy as much as you want, if you have the money." Politics doesn't interest him much. "Zhu Rongji? I don't know much about politics, but at least Zhu understands the stock market." At 19 Lin Yan is too young to remember the bad days of meat rationing, but she has a fair idea of what the stock market is. She has already moved from working as a hotel receptionist to a better-paying job selling sports equipment in Wuhan's Galaxy Plaza...
...long as there are class trips. But by becoming more commercial, IMAX will have to compete more directly with Hollywood. Industry ticket sales increased 3.7% last year, to 1.38 billion. But the number of films increased at nearly twice that rate, as did the number of screens. So the market is hardly bubbling. And IMAX faces some competition from big-screen rivals such as Iwerks and MegaSystems...
...incisors, quickly disembowel any enemies of the city attempting to infiltrate the deliberately darkened access tunnel. Fact: The mayor has sensibly proposed building an emergency control center for merely $15 million in the World Trade Center. Should any danger--be it a raid by crazed fundamentalist bioterrorists, a stock-market crash or a strike of rollerblading dog walkers--threaten New York, the mayor would inch through traffic, clamber up 22 flights of steps (can't trust elevators in a crisis--they might be booby-trapped!), pausing only to sign autographs for tourists, and soon be in command of all municipal...
...water has been muddy, quite muddy, ever since the Communist government fell in November 1989. Governments have changed several times, oscillating between the newly formed Democratic Forces and the Socialists (ex-communists). The much-talked-about restructuring of the economy from a planned to a market one has not yet taken place; the much needed privatization of industry and land reforms has been slow to progress in the face of vast squandering of land and capital. The result has been a quasi-market economy without a solid framework of law (much legislation is still in the making) and without private...
...news is for stores such as CompUSA, which are hoping to make a buck from the upgrade market. Dataquest estimates that Microsoft will move a modest 5.5 million of the upgrade packages; most people who have Windows 95 plan to stick with it for now. As usual with a a major Microsoft release, computer stores are hoping for a ripple effect, where customers buying Win98 will throw in extra bits of hardware or software that's billed as working especially well with Windows 98. CompUSA even had mimes at its Manhattan store at midnight attempting to entice cultured shoppers. Maybe...