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...specializing in economics as deputy to Chen Yun, a pragmatic labor organizer from Shanghai. With the Red conquest of the mainland, Li became Minister of Heavy Industry, and went to Moscow in 1950 to help negotiate a 30-year treaty of alliance with Joseph Stalin. In 1953 Li signed the pact under which the Soviet Union agreed to supply money and materiel for China's first Five-Year Plan. His reward was promotion to Chairman of the State Planning Commission...

Author: /time Magazine | Title: Red China: The Loss of Man | 12/1/1961 | See Source »

...landed last April were sentenced to death and quickly executed; nine others got 30-year sentences. Technically, the 14 were tried for crimes they committed before the invasion. Ramon Calvino, a police corporal during the regime of Dictator Fulgencio Batista, was accused of killing and torturing prisoners: George King Yun, was accused of killing a port guard last year while he was stealing a boat. Nine hours after the trials began, verdicts were in, sentences pronounced, and appeals denied...

Author: /time Magazine | Title: The Hemisphere: Back to the Wall | 9/15/1961 | See Source »

...Chang's bold economic plans made little progress. Heedless of the damage they were doing to South Korea's frail democracy, politicians selfishly fought for personal gain. Seoul's irresponsible newspapers exulted in their new freedom by jabbing at Premier Chang on every issue. President Posun Yun, supposedly a figurehead outside the political maelstrom, sniped openly at the struggling Premier...

Author: /time Magazine | Title: South Korea: The Army Takes Over | 5/26/1961 | See Source »

...turned up at the State Council building to surrender to General Chang. Then he went before the press to announce that he and his Cabinet had resigned, appealed to the nation to stand behind the new military regime. After the Premier's resignation came that of President Yun himself, who, following Korea's tradition of repentance after defeat, declared: "I regret that I made so little contribution to the nation that a military revolution has occurred ... I feel nothing but sorrow." But next day, the generals talked him into staying...

Author: /time Magazine | Title: South Korea: The Army Takes Over | 5/26/1961 | See Source »

...root of Chang's trouble lay the division of his own Democratic Party into "old" and "new" factions. Furious at his failure to win the premiership away from Chang. Old Democratic Leader Kim Do Yun declared that any member of his faction who joined Chang's Cabinet would be considered a turncoat Result was that although Chang offered Cabinet jobs to five Old Democrats, only one-Transportation Minister Chung Hun Joo-accepted...

Author: /time Magazine | Title: SOUTH KOREA: Off to an Unpromising Start | 9/5/1960 | See Source »

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