Word: penge
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...Peng. at Sabres, ESPN...
...favorite of the Old Guard. During the early days of the Tiananmen protests, he had sacked the editor of a daringly liberal, independent newspaper in Shanghai called the World Economic Herald, an act that proved his toughness to Beijing. His main rival for the job was Premier Li Peng, who had ordered the martial law that preceded the Tiananmen killings and been widely reviled...
...meeting with Treasury Secretary Robert Rubin last month in Beijing, he displayed much confidence and little arrogance, giving the impression that he has no desire to act as if the U.S. is an enemy. Yet Jiang has to watch his back: hard-line Premier Li Peng still has influence and supporters whom Jiang has to placate. But he has clearly proved himself a capable wheeler-dealer with one great advantage in China. "He is an opportunist," says a Chinese political scientist in Beijing, "because he is bereft of any ideological belief and ready to embrace any ideas that suit...
...When Deng Ziao Peng came 18 years ago he was just beginning the reform process, and now the reform process has worked as a whole quite well," Vogel said. "Now there are a lot of issues as China becomes more involved in world affairs and trade that need to be dealt with by leaders of such importance...
...unless he felt secure in his own position. Now in his eighth year as Communist Party chief, he has been regularly dismissed as a political lightweight. But at this point, says Wang Shan, "there is really no one in the top leadership who can seriously challenge him." Premier Li Peng is no longer considered a threat; he will soon be rotated out of his government job, though he will remain No. 2 in the party. Everyone expects his replacement to be Zhu Rongji, the Vice Premier and respected economic czar, who will be in charge of the shareholding scheme...