Word: rongji
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Dates: during 2000-2009
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...demise startled the banking community because of his track record as one of the driving forces behind modernization, and because of his ties to high-ranking government officials. Wang's talent for mingling made him one of the commissars' most valued emissaries to the West. In 1993, Premier Zhu Rongji handpicked him to head the state-owned BOC?a job he kept for seven years?and in 1997 he was named as an alternate member of the Communist Party's Central Committee...
...Barshefsky, and whoever replaces her in the next administration - and probably in one or two administrations after that - will have their work cut out for them. Beijing?s liberalization efforts had been headed up by Prime Minister Zhu Rongji, who had hoped to use the conditions attached to WTO membership as a lever with which to force the pace of economic reform. But the bottom line of China?s political system is maintaining the Communist Party?s control and what it perceives would be a descent into anarchy - the overarching concern of the leadership in Beijing is that economic liberalization...
...remains an authoritarian state ruled by an all-powerful Communist party. And there's a furious struggle at the very top of that party over China's economic and political direction - a struggle in which hard-liners obsessed with maintaining order are currently dominant. Arch- reformer prime minister Zhu Rongji had hoped to use the conditions attached to WTO membership as a whip with which to dramatically accelerate the pace of economic reform, but Zhu has been increasingly marginalized over the past 18 months, particularly after President Clinton backed out of concluding a permanent trade agreement last April...
...China, the Republicans maintain Clinton sent dangerously mixed signals, in part because of a misguided, possibly business-driven view of Beijing as a "strategic partner" rather than a competitor, and in part by skittishness fueled by domestic concerns. Thus when the embattled Chinese reformer Premier Zhu Rongji came to Washington to conclude a WTO deal in April 1999, Clinton backed off because of the domestic political fallout over nuclear espionage allegations. But sending Zhu home empty-handed not only weakened Beijing's reformers in their battle against hard-liners, it also fostered a climate of mistrust that erupted into open...
...into the WTO may have strengthened the hand of Beijing's economic reformers, but that may not be enough to reverse the setbacks they've suffered over the past year in the factional political battles inside China's ruling Communist party. Although the reformers grouped around Prime Minister Zhu Rongji had hoped to use the market-opening requirements of WTO membership to leverage an accelerated transition toward a free market economy, they've encountered increasing resistance from hard-liners led by National People's Congress president Li Peng...