Word: rongji
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...have predicted quite accurately the challenges faced by Zhu Rongji in the years ahead [WORLD, March 16] as China's new Premier. But Zhu's greatest strength is also his weakness. He has Western fans who admire his grasp of detail, but he has only narrow support in China's bureaucracy. Leftists do not like his familiarity with market economics. Conservatives accuse him of neglecting inland provinces, and the Young Turks of Beijing are jealous of his rapid rise. All these factors make Zhu less threatening and more acceptable to President and party leader Jiang Zemin. Also, one needs...
Many political analysts speculate that Zhu Rongji is the emerging "strong Premier" for China. There is no doubt that he has demonstrated a flair for the job. But his political ambitions require more than being a strong Premier. His efforts to downsize the government will definitely be met with firm resistance from a wide range of bureaucrats. The nation today is not like the China of old, when the one-man shows of Mao and Deng could be played on the political stage. To succeed nowadays, top leaders need to demonstrate unity and abandon political juggling. JEAN K. LAM Hong...
After reading the comments of Singapore's Lee Kuan Yew on China's Premier Zhu Rongji, Asian values and Confucianism, I gained considerable new insight into the Asian world [WORLD, March 16]. I found myself thirsting for more wisdom from this remarkable man, particularly for a more detailed critique of the roles of the U.S. and the IMF in ameliorating the Asian crisis. Singapore is indeed fortunate to have such a leader. ERIK C. LARSEN Winter Park...
...first time Chinese Vice Premier Zhu Rongji made his presence felt in the U.S. was back in 1985, when American Motors' high-profile, $24 million China investment, Beijing Jeep, was on the verge of collapse. Don St. Pierre, who headed the venture, appealed to a series of Beijing officials for help but got no response. Back in Detroit, where he had been summoned for a crisis conference, he suddenly received a telex from Zhu, then the obscure vice chairman of the State Economic Commission. "Please send a high-level delegation to China immediately, and we will solve this problem...
TIME: Is Zhu Rongji the only one who can reform China's economy...