Between the lines: China's sparse budget masks some troubling trends

Article Abstract:

China's printed FY 1997 budget lacks charts, tables and comparative graphs and is the least informative in the past five years. Subsidies for losses at state enterprises do not appear on the balance sheet and there is no information on itemized spending. China has understated its fiscal deficit by not counting interest on its debt as an expense and there are concerns about the country's increasing budget shortfall. Interest payments on debt could rise to 70 billion renminbi in 1997. However, funding for major projects, which has traditionally been off-budget, appears on the 1997 budget.

Legislative Bodies, Budget, Economic policy, Budgeting, Budgets, Monetary policy

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Guises and dolls: China tries to show its orphanages aren't that deadly

Article Abstract:

China is aggressively countering a recent report claiming its orphanages are virtual houses of death, claiming the account is an effort to hurt its national image. Yet even officials in the state orphanages admit the natl death rate reaches or exceeds 50%, reaching 97% in at least one province. The report, from Human Rights Watch/Asia, says efforts to keep spending down so salaries are protected and to limit population growth, lead to simply starving the orphans to death. Many more children wander the streets.

Other Residential Care Facilities, Residential care, Child Residential Care Services, Reports, Ethical aspects, Child abuse, Child residential care facilities, Orphanages, Human Rights Watch

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Den Xiaoping 1904-1997: China's last patriarch gave his country more prosperity than it had ever known. But he stifled political reform and caught blame for rampant corruption

Article Abstract:

Deng Xiaoping turned capitalism into a social tool, unleashing China's natural business creativity. However he was also blamed for rampant corruption and stifling political reform, with the resulting Tiananmen Massacre. China was exhausted by the Cultural Revolution when Deng inherited it and his reforms were mostly opposed by the party apparatchiks and state bureaucrats whose power was threatened. Deng's political career is charted and his link with to economic reforms and prosperity is noted.

Politics, Obituary, Political leadership, Deng Xiaoping

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