Word: paces
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Dates: during 1980-1989
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...Marshal Ye Jianying, 86, a member of the Standing Committee of the Communist Party Politburo and vice chairman of the party's military commission, continue to command a following in the military establishment. While they accept the reforms, they are said to harbor some doubts about their pace and scope. Among the most formidable of the pragmatists' adversaries is Chen Yun, a central planner who masterminded the Soviet-style economic programs of the '50s. He is said to believe that the reforms can work only if they are kept within a tight socialist structure. If the Chinese economy...
...refusing to send its bonus taxes to the central government. The People's Daily reported that half of all state- and collectively run enterprises were cheating on their taxes. Deng's government is concerned that jealousies could grow even further among China's many regions, thus affecting the pace of reform. This may intensify the need for the Deng leadership to forge a national vision that goes beyond Communism. Hu Yaobang recently told the party's propaganda department that "the most important political task of literary and artistic creation and performance is to inspire patriotism." But patriotism without a / higher...
Harvard set a blistering pace in its semifinal effort Saturday, never trailing Cambridge University. The Crimson won that contest with a time...
...Federal Reserve's changing of the guard comes at a crucial time for the U.S. economy, which has been almost stalled. The gross national product, after expanding at a 6.8% pace in 1984, grew at an annual rate of only 1.2% in the first half of this year. Housing starts are falling, and industrial production is virtually stagnant. One sign that growth may be reviving, however, is a recent dip in unemployment. After being stuck at 7.3% for six months, the jobless rate dropped to 7% in August. The fall in black teenage unemployment, from about...
...particularly inauspicious time for the Taiwanese economy. After a muscular 10.9% growth rate in 1984, economic activity in the first half of this year rose less than 6%. Productivity has risen almost 9% annually over the past decade, but that has not been nearly enough to keep pace with the average 16% increase in wages. "From these figures, you can see we really are in danger," says one of Taiwan's leading economic policymakers...