Word: rongji
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...basic problems are well known. It is too expensive, in terms of both wages and real estate, and its government is too big. University graduates have poor skills not only in English but in Chinese, too. Corporations are hiring in the mainland, and firing in Hong Kong. Premier Zhu Rongji, a former Shanghai mayor, allowed the mainland property bubble to burst in the mid-'90s without intervention. Now, Shanghai and other Chinese cities are bursting with new businesses in part because both wages and asset prices are but a fraction of Hong Kong...
...appalling safety record, China's Cabinet finally took action in mid-June, ordering all small state-owned mines to halt production for safety checks and calling for intensified raids against illegal mines, such as the one in Guizhou province that claimed Zhang's husband. Last week, Premier Zhu Rongji visited that desperately poor province to tout the program's success and report that 5,117 small coal mines have been forced to close this year...
...suggestive photo of a woman's body on its cover. The government fined and nearly closed China's biggest private bookstore chain, Xishu Publishing, for selling a tract on dissident poets. And Guangzhou Television sacked its top three editors when someone ran subtitles under images of Premier Zhu Rongji reading, "Former follower of Falun Gong," the banned spiritual practice. The foreign press has suffered, too. For the past 16 weeks, China has banned newsstand sales of TIME after the magazine published an article in February on Falun Gong. The on going crackdown has spooked some of China's most daring...
...Senior government officials were very enthusiastic about the appointment,” the colleague said. “China’s Premier Zhou Rongji joked with Larry that the last time he came to Boston he visited MIT, but that the next time he’d have to come to Harvard...
...descended on the village and began writing about what they saw and heard. The Dickensian tale of children who had been, in some sense, worked to death, was a chilling and all-too believable allegory for the worst kinds of excess in the Chinese countryside. Then Premier Zhu Rongji entered the picture, and the tragedy seemed to slide from debacle into farce. He surprised the villagers?and the rest of China?by blaming the village idiot. According to Zhu, the only fireworks in the building were brought in by a madman who wanted to blow up the school. In conversations...