Business vs. ideology: Beijing inches towards liberalizing state-owned enterprises

Article Abstract:

Beijing is preparing to sell some of its state enterprises, but some companies will be organized into conglomerates modelled on South Korea's chaebol, some will be allowed to sell shares or merge, and smaller companies could privatize or liquidate. There is currently no legal structure for merging companies and bankruptcy is often a welcome option for struggling state companies. There is also the problem of industrial ministries which are loath to privatize.

Government ownership, Nationalization

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Death of a salesman

Article Abstract:

The April 3, 1996 death of US Commerce Secretary Ron Brown will directly damage US relations with China, as he had perhaps the greatest rapport with Beijing of all US officials. A great cheerleader of commercial links between the two countries, he would have taken the lead in rebuilding the relationship after China's actions before Taiwanese elections hampered the effectiveness of US Defense Secretary William Perry, once Brown's rival in Chinese affections.

Officials and employees, Behavior, Personalities, International relations, United States. Department of Commerce, Brown, Ronald H.

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Learn from Dazhai; in Mao's model village, an era writ small

Article Abstract:

Mao Zedong touted the village of Dazhai, China as a model of Communist self-sufficiency during the Cultural Revolution of the 1960s and encouraged millions of Chinese to visit the hamlet on inspection tours. Today the village situated 370 km from Beijing receives 93% of its income from industrial sources. Dazhai represented the epitome of zealotry for collective farming under Maoist philosophy.

Economic policy, Cultural Revolution, 1966-1976, Communist Party (China), Collective farms

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