Word: tung
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Other favorite buys include Quotations from Chairman Mao Tse-tung and Howard Zinn's A People's History of the United States...
...Hong Kong: Leader Tung Chee-wa has managed to push the Pacific Rim's economic jewel into recession, and admitted as much on Tuesday night. Result: The Hang Seng index finished the day down more than 5 percent...
...Liberal Party, but helping to coax out three times the expected number of voters. Now Lee is pressing his moral mandate hard: "We will do our best to push for full democracy in the next elections in the year 2000," he told the South China Morning Post. Chief Executive Tung Chee-hwa is unlikely to budge from the Basic Law blueprint -- that is, eight years till full democracy. Tung isn't in any hurry -- and no wonder. In most democracies, he'd be out of a job today...
Nixon, comporting himself with dignity but with an enthusiasm that sometimes made him seem overeager, said nothing of importance in public during the entire trip. His ingratiating small talk was more pedestrian than usual; his toasts were ringing evocations of a world without walls. He even quoted Mao Tse-tung: "So many deeds cry out to be done...Seize the day. Seize the hour...
...question now is whether Hong Kong, the last holdout against devaluation, can stand its ground. Hong Kong chief executive C.H. Tung said his government would do everything in its power, including spending down some of its reserves, to guard the exchange rate. To discourage borrowing by speculators, the Hong Kong Monetary Authority drained liquidity from the economy, which drove overnight bank interest rates as high as 300% last week. The banks then raised the prime rate from...