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Another leading contender is Vice Premier Li Lanqing, 68, a Shanghai reformer who has been in charge of international trade and education. He is a friend of Jiang's and has a reputation as a liberal. But, says a Chinese banker, "unlike some orthodox leaders, he doesn't carry any political baggage." And coming up on the outside is Hu Jintao, 55, the golden boy of the Politburo's inner circle. Also an engineer, Hu is in charge of the party's key organizational department and the promotion of younger members...

Author: /time Magazine | Title: CAN JIANG HOLD THE REINS OF POWER? | 3/3/1997 | See Source »

...attempt, by sheer force of will, to march a deeply impoverished nation into the front ranks of modernity. The Leap's unscientific agricultural practices and inane technologies turned China into an immense archipelago of unproductive communes racked by famine. No one had clean hands--not the urbane Premier Zhou Enlai, who, though skeptical of collectivization, kept a polite silence; not the gentlemanly President Liu Shaoqi, who withdrew to the island of Hainan to avoid bringing up the subject of famine. Deng himself sycophantically proclaimed high expectations for grain harvests: "We can all have as much as we want...

Author: /time Magazine | Title: DENG XIAOPING: THE LAST EMPEROR | 3/3/1997 | See Source »

...chief Hu Yaobang, for pushing political reforms. By this time the only title Deng held was honorary chairman of the Chinese Bridge Association (he had refused all high posts since his 1977 comeback, and in 1989 gave up the critical job as head of the Central Military Commission). Still, Premier Zhao Ziyang admitted to the visiting Mikhail Gorbachev that all major Politburo decisions had to be approved by Deng...

Author: /time Magazine | Title: DENG XIAOPING: THE LAST EMPEROR | 3/3/1997 | See Source »

...this in the asset column of China's late Deputy Premier Deng Xiaoping: his market reforms helped make China one of America's biggest creditors. Awash in dollars from exports, China now buys more U.S. Treasuries than even the Japanese--$12.1 billion in U.S. notes and bonds through the first nine months of 1996,vs. the $11.6 billion Japan purchased. China owns more than $43 billion of U.S. Treasury debt, the world's fifth largest hoard, and moving...

Author: /time Magazine | Title: BIZWATCH: Mar. 3, 1997 | 3/3/1997 | See Source »

...This could be the best team Harvard has had in the last 25 years," captain David Demian said. "Kyle [Snowden] is probably the best player in the league, and Chris Grancio has elevated his game and become a premier player. We've brought the program a long...

Author: By Richard B. Tenorio, | Title: M. Hoops to Play Yale, Brown in Finale | 2/28/1997 | See Source »

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