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EASY DOES IT, YOUNG MAN. Will Communist Party General Secretary Zhao Ziyang, 68, eventually succeed Deng Xiaoping, 84, as China's leader? A recent spasm of economic unrest did not help his chances. Zhao reluctantly called for a slowdown in the pace of reform. But that decision is likely to slow his ascension. China's veteran military commanders will now wait to see if Zhao, once considered a shoo-in to succeed Deng, can put the economy back on course...

Author: /time Magazine | Title: Grapevine: Oct. 24, 1988 | 10/24/1988 | See Source »

...ordering a classic economic dampdown. Beijing temporarily closed some banks to halt withdrawals, limited the size of some retail purchases and raised interest rates to soak up some of the money that the country has been printing at a record rate. Moreover, the Politburo, headed by party General Secretary Zhao Ziyang, Deng's handpicked heir apparent and a firm advocate of reforms, decided to abandon further price decontrols this year. Even Deng appeared chastened by the eruption. Said he: "We have been bold enough...

Author: /time Magazine | Title: Communism Too Far, Too Fast? | 10/10/1988 | See Source »

...approach poses a dilemma for Deng, Zhao and other reformers. Not only does the change of course expose popular fears of the market-oriented direction that the economy is taking but it also underscores the leadership's inability to force the middle levels of the party bureaucracy to administer the reforms. Referring to the pragmatic Zhao's victory over conservatives in winning the party leadership a year ago, a Western economic analyst summed up, "The leaders confused the fact that they no longer had political opposition with the illusion that the country was ready for such fundamental reforms...

Author: /time Magazine | Title: Communism Too Far, Too Fast? | 10/10/1988 | See Source »

Officials on both sides agree that the volume of trade along the border has always been inversely proportional to the degree of military tension. Recently "both sides have been trying to improve conditions," says Zhao Zhonghuan, deputy chief of staff for the Heilongjiang Provincial Command. "The Soviets seem to have withdrawn their forces somewhat. They've also cut back on the amount of time that their helicopters are operating along the border. In the past, their aircraft have violated our airspace, and we've lodged formal protests, but there have been no penetrations this year." One of his Soviet counterparts...

Author: /time Magazine | Title: Diplomacy Swords into Sample Cases | 7/18/1988 | See Source »

China's top military leaders have not always gone along with Deng's changes. Last year Deng, 83, was forced to remove his chosen successor, Hu Yaobang, from his most important offices partly because he was seen as antimilitary. His successor, Zhao Ziyang, is also a reformer, but one who is apparently acceptable to the PLA. When the new ranking system takes effect in the fall, Zhao is considered a strong candidate for promotion to senior general, the highest military grade...

Author: /time Magazine | Title: China Sprucing Up the Troops | 7/11/1988 | See Source »

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