Word: yuan
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Along Beijing's Xiushui Street, merchants in makeshift metal stands plaintively urge shoppers to buy jade-green grapes, bright red Coca-Cola sportswear and Begonia Flower-brand silk lingerie. A balding trader, waving a fan, hawks Christian Dior-label shirts. They cost 100 yuan ($27) abroad, he confides, but his price is only 25 yuan ($6). A real bargain. The yellow license in his stall identifies him as a ge ti hu (private entrepreneur), who sells his wares on the free market...
...from geese and green beans to bricks and black vinyl sofas. In Guanghan county, one of the first two regions in the country to abolish the Mao-inspired communes and lease land back to farmers % under the family contract system, the per capita income of agricultural workers is 646 yuan ($174), almost four times as high as it was before the reforms...
...China's 800 million peasants aspire to the 10,000 yuan ($2,703) annual income of Sichuan Farmer Huang Xinzhi, 40, who built a mini-business empire from a flower-and-tree nursery business. In tribute, local officials awarded him a certificate with the message: "It is glorious and civilized to be wealthy through hard work." Still, since 1981 at least half of all rural families have built new homes. Bao Hongyuan, 38, lives with his parents, his wife and ten-year-old son in a new two-story, six-room house in the model Hong Qiao farming community...
...issue will come to a head next month when the 13th Communist Party Congress meets to select the country's top leaders. In secret ballots last month, grass-roots party members reportedly rejected several prominent taizi pai as delegates. Among them: Chen Yuan, the son of Politburo Member Chen Yun and a member of the standing committee of the Peking Municipal Party, and Chen Haosu, Vice Minister of Radio, Film and Television and son of the late Marshal Chen Yi. Yet neither is finished in politics. Insiders expect Chen Yuan to be named Deputy Party Secretary in Peking, while Chen...
...tried by military tribunals. The military will also turn over to civilian authorities the power to censor publications. Despite these gains, however, many aspects of martial law, including restrictions on assembly and travel, will remain because of the passage of a new National Security Law by the Legislative Yuan late last month. The new law in effect continues to recognize Taiwan as an integral part of China. Taipei still considers itself the legitimate government for mainland China and rejects all calls for Taiwanese self- determination. Though Chiang has named several native Taiwanese to high posts in his party, the legislature...