Word: ziyang
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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...
...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...
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...
...Beijing, Aquino held discussions with Deng Xiaoping and General Secretary Zhao Ziyang. She also visited the southern village of Fujian, from which her great-great-grandfather emigrated 182 years ago. Aquino met some 50 relatives and paid homage to her forebears in the family's ancestral temple...
...disparities between the two Chinas are likely to become even more pronounced. One item on the agenda will be the proposed transformation of Hainan Island, now part of Guangdong, into a separate province with the mandate to become a capitalistic special economic zone. Both Communist Party General Secretary Zhao Ziyang and Acting Premier Li Peng called for further development of the coastal industrial cities and special economic zones, even at the risk of letting the rest of the country languish. Said Li: "We must persevere in our policy of permitting a part of the people to become prosperous before...