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...curious portents were explained last Saturday as officials unveiled one of the most radical schemes for economic growth in the 35-year history of the People's Republic. After 618 delegates had gathered behind closed doors for seven days during what was officially known as the Third Plenum of the Twelfth Central Committee, Chinese leaders released a 16,000-word resolution outlining a complex package of new economic reforms. The program consolidated Deng's five-year attempt to promote a free-market system in the countryside. More important, the new scheme extended those reforms to the long-stagnant...

Author: /time Magazine | Title: China: Capitalism Comes to the City | 10/29/1984 | See Source »

...improvements were made necessary by the success of the reforms initiated during the Third Plenum of the Eleventh Central Committee, in 1978. At that meeting Deng effectively consolidated his power over China and set about rebuilding an economy laid waste by 20 years of Maoist experimentation. The new leader's major innovation was the "contract responsibility system" that permitted peasants, once they had turned over a relatively modest quota of their crops to the government, to sell the rest on the open market. The results have been stunning: record harvests in almost every crop since 1979, and agricultural output...

Author: /time Magazine | Title: China: Capitalism Comes to the City | 10/29/1984 | See Source »

...Xiannian, former Planning Czar Chen Yu and Marshal Ye Jianying, a Communist leader for half a century who may be the last party luminary strong enough to question Deng. Ye has been out of public sight for months, and there have been persistent rumors that he died before the plenum began. The party, according to one version, did not wish to announce Ye's death until the meeting was over...

Author: /time Magazine | Title: China: Capitalism Comes to the City | 10/29/1984 | See Source »

...Communist Party. The performance did not inspire confidence. Standing atop the dark red marble Lenin Mausoleum in 23° F weather, Chernenko read the prepared text of his eulogy haltingly, almost gasping his words. He restated briefly the main foreign policy themes of his address to the party plenum. Noting that the Soviet Union was ready "for honest talks on the basis of equality and equal security," Chernenko also warned that "we will not be scared by threats." His voice sounded thin and quavering as he said, "Farewell, our dear friend and comrade, Yuri Vladimirovich! Your bright image will remain with...

Author: /time Magazine | Title: Konstantin Ustinovich Chernenko: Moving to Center Stage | 2/27/1984 | See Source »

Even if Andropov was too physically frail to attend last December's party plenum, he appeared to come out of the meeting politically stronger. The balance of power in the Politburo seemed to tilt in his favor by the appointment of two new men whose careers had been stalled under Brezhnev. Politburo Newcomer Vitali Vorotnikov, 58, joined a number of younger leaders who appeared to owe their growing prominence to the ailing leader. They included former Azerbaijan Party Chief Geidar Aliyev, 60, who was the first Andropov appointee to the party's inner circle, and two technocrats, Nikolai...

Author: /time Magazine | Title: The Soviets: An Enigmatic Study in Gray | 2/20/1984 | See Source »

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