Full speed ahead: Guangdong party congress ignores calls to slow growth
Article Abstract:
The communist party of Guangdong province, China held its congress in Canton on May 21, 1993, at which Sec Xie Fei emphasized that Guangdong's rapid economic growth would continue. This policy runs counter to the Peking government's policy of reigning in growth to stop inflation before it escalates uncontrollably. However, Xie's lengthy report to the party made no mention of inflation or of the national government's efforts to control it. Instead, Xie predicted that Guangdong's economy would go on expanding at a 12-13% annual rate.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Guangdong gamble
Article Abstract:
Guangdong Enterprises is bent on using its subsidiary, Guangdong Investments, as a means of expanding its operational scope in China and Hong Kong. The parent company has issued a cash call worth HK$1.6 million that would let the subsidiary increase its asset base. The latter is engaged in the hotel business, real estate and operates a travel agency. The parent company is expected to transfer more assets in the future.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Two faces of reform: Guangdong's economy booms, but the crime rate soars
Article Abstract:
Guangdong Province, China, is undergoing a crime spree in the wake of its economic development. Traditional means of social control have eroded in the atmosphere of economic opportunity, while the new wealth and money provide targets for criminals. It has been estimated that 298,000 people are in jail in the province, composing 27% of the total prison population of China.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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